Fort Wayne Named Second Best City To Flip Houses
FORT WAYNE — A recent study by WalletHub has ranked Fort Wayne number two among the best cities in which to flip houses.
The study examined 150 U.S. cities, taking into account the following factors: Average gross return on investments, median purchase price, percentage of home flips, housing market health index, the number of real-estate agents per capita, average kitchen, bathroom and full-home remodeling costs, percentage of population with walkable park access and median salary.
Besides achieving number two overall, Fort Wayne came in at number one for lowest average for bathroom remodeling costs. Indianapolis was ranked number 75 overall. Topping the list was Sioux Falls, S.D., while Oakland, Calif., was number 150.
To view the full study and to find out which other cities were ranked, click here.