This Tudor-style property in Lake Oswego's Westlake neighborhood presents moderate flip potential. Sold in October 2023 for $1.375M with current valuations around $1.33M, it's recently updated with modern finishes and sits on one of the largest lots in the area. The market shows mixed signals with some price softening but predictions of 3% growth in 2025.
Consider light cosmetic updates rather than major renovations since the property is well-maintained with recent modernizations. Focus on enhancing outdoor amenities to capitalize on the expansive lot. With Lake Oswego's median home value at $907K and this property's premium positioning, target a modest 5-7% ROI with a quick turnaround to minimize holding costs.