This 3-bed, 1-bath ranch in West Haven's Allingtown neighborhood has potential for a flip, but requires careful consideration. Built in 1965, it's priced at $244,900 ($230/sqft), below the area's median. The 1,064 sqft home on a 3,920 sqft lot needs updating but offers an open floor plan, hardwood floors, and a 1-car garage. Its location near the University of New Haven is a plus.
Consider a moderate renovation to boost value. Focus on kitchen and bathroom upgrades, as these offer the best ROI. Adding a bedroom or bath could increase value by 12-16%, but ensure costs don't outweigh potential gains. The home's proximity to the university makes it attractive for both resale and potential rental income. Aim for a quick turnaround to maximize profit potential.