Flip report generated May 7, 2025
The Flip Potential of
689 SW Filbert St McMinnville, OR
is medium.
Current Specs
3 Bed / 2 Bath
1,246 sqft
$313 per sqft
Estimated Value$390,000
Flip Advice
This 3-bed, 2-bath, 1,246 sq ft single-story home in McMinnville is listed at $390K, which is below the city’s median price (around $485K) and right in line with area comps for similar size. The property appears well-kept, with a functional layout, modern flooring, and good curb appeal. The price per sq ft ($313) matches the local median. While the McMinnville market is rising, the home’s move-in ready status means there’s limited upside for a major value-add flip.
If you’re a homeowner, simple cosmetic updates—like fresh paint, updated fixtures, or landscaping—could help you attract top dollar, but a big investment in renovations isn’t likely to provide a strong ROI. For flippers, the margin is tight given the current price and market comps. Focus on minor improvements to maximize appeal, but don’t over-improve for the neighborhood.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.