Looking at the neighbors is the smartest way to gauge if you're getting a deal. Your property at 4922 Columbia is actually one of the largest on the block, which gives you a major competitive advantage for both resale and rental income.
Most nearby homes are hovering between $640k and $790k, but they generally offer fewer bedrooms or smaller layouts. At $408/sqft, you are entering well below the local market average of $513/sqft. This price gap is exactly where your profit lives if you're planning a renovation.
| Address | Price | Beds/Baths | Sqft | $/Sqft |
| :--- | :--- | :--- | :--- | :--- |
| 4922 Columbia (Subject) | $780,000 | 4 / 3 | 1,912 | $408 |
| 4911 Columbia Ave | $789,200 | 4 / 2 | 1,782 | $443 |
| 4901 Columbia Ave | $744,400 | 3 / 1 | 1,963 | $379 |
| 4916 Columbia Ave | $744,400 | 3 / 1 | 1,586 | $469 |
| 4921 Columbia Ave | $728,900 | 3 / 2 | 1,506 | $484 |
Size Premium: You have more square footage than almost every neighbor, yet you're priced lower than 4911 Columbia, which is smaller and has one fewer bathroom.
Equity Opportunity: If you bring this home up to modern standards, aligning with the $513/sqft neighborhood peak, your value could soar toward that $1M mark.
Rental Edge: The extra bedroom and bath over the comps allow you to hit the $4,275+ rent range that smaller 2 or 3-bed neighbors simply can't reach.