Flip report generated Jan 15, 2025
The Flip Potential of
531 E Cheyenne Rd Colorado Springs, CO 80905
is medium.
Current Specs
2 Bed / 1 Bath
894 sqft
$337 per sqft
Estimated Value$301,122
Flip Advice
This property located at 531 E Cheyenne Rd in the Stratton Meadows neighborhood of Colorado Springs shows potential for a flip. With a valuation of around $301K and a competitive median listing price of about $300K in the area, it sits well within range for a profitable sale. However, the small size (894 sqft) and limited bedrooms (2) may restrict the scope for significant enhancements.
Consider focusing on cosmetic upgrades that appeal to buyers, such as modernizing the kitchen and bathroom. Given the current market trends and comparable properties in the area, a strategic, low-cost renovation could enhance the property’s attractiveness during a sale, maximizing your return without extensive investment.
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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.