This property at 2652 Ravenall Ave in Orlando offers 3,265 sqft, 5 beds, and 3 baths, with a current list price near $198K and a 'fixer' condition. Comparable homes with similar size are valued between $223K and $271K, but recent neighborhood sales for large homes are rare, and price per square foot for comps is much higher than this property. The home has sat on the market for a while, signaling potential challenges, but its large size and low price per sqft ($61) are notable.
If you're an investor, the low acquisition price leaves room for renovations and potential upside, but be mindful of holding times and renovation costs as comps sell for much higher per sqft but are much smaller homes. For homeowners, focus on basic repairs, curb appeal, and updating kitchens/baths to attract buyers. Either way, don't over-improve for the area, and get a contractor's estimate before moving forward.