For this 1,154 sqft home, you're looking at a strategic refresh to unlock that $183,000 market potential identified in our analysis. Since the structure is solid, we can focus on high-impact visual upgrades that attract the best tenants or buyers without breaking the bank or your spirit.
In the Louisville market, labor is fair, but material costs vary. I’d suggest durable Luxury Vinyl Plank (LVP) throughout—it’s bulletproof for rentals and looks sharp for a flip. With a rent potential of up to $1,600/mo, these cosmetic upgrades are the key to maximizing your cash flow.
| Project Area | Estimated Range |
| :--- | :--- |
| LVP Flooring (1,154 sqft) | $4,600 - $6,900 |
| Stainless Appliance Suite | $2,800 - $4,200 |
| Modern Shower/Bath Tile | $3,500 - $5,500 |
| Interior Paint & Fixtures | $3,000 - $4,500 |
| Total Estimated Budget | $13,900 - $21,100 |
Since this is a 1905 build, always keep a 10% "surprise fund" in your pocket for any unexpected plumbing or electrical tweaks behind the walls. Focusing on these areas will move you closer to that $151 per square foot neighborhood average.