Zillow Advice: Home Ownership - "Needs renovation?' That is a bold flip. http://www.zillow.com/advice-thread/Needs-renovation-%27-That-is-a-bold-flip/162653/ Zillow Advice | Zillow Real Estate Yep, that was what the scheme ... http://www.zillow.com/advice-thread/Needs-renovation-%27-That-is-a-bold-flip/162653/ Yep, that was what the scheme was, I think.  I had my eye on that place for awhile and almost made an offer on it just as it had gone under contract. They bought it for $237K in May 2008 (source: public tax records) and then, without doing a thing to it, turned around and put it on the market for just under $290K. When it didn't sell at that price, I guess they found out pretty quick that things wouldn't be so easy in this down market, so they decided to renovate it and bumped the price up accordingly. Good luck selling. Fri, 05 Mar 2010 15:58:00 GMT http://www.zillow.com/advice-thread/Needs-renovation-%27-That-is-a-bold-flip/162653/ 2010-03-05T15:58:00Z The home has been completely ... http://www.zillow.com/advice-thread/Needs-renovation-%27-That-is-a-bold-flip/162653/ The home has been completely renovated. There was a new description when the finished pictures were posted. The price reflects the completed renovation. Seller's tried to sell at a substantially lower price, advertising it as a flip,  with no success before following through with renovation . Thu, 10 Dec 2009 16:06:00 GMT http://www.zillow.com/advice-thread/Needs-renovation-%27-That-is-a-bold-flip/162653/ 2009-12-10T16:06:00Z