Flip report generated Jan 20, 2025
The Flip Potential of
419 Warren Ave Lynchburg, VA
is medium.
Current Specs
3 Bed / 1 Bath
982 sqft
$107 per sqft
Estimated Value$105,000
Flip Advice
The property at 419 Warren Ave in Lynchburg, VA, is a 3-bedroom ranch-style home with a recently updated roof and siding. With a valuation of $105K and a median listing price around $189K in the neighborhood, there's some room for improvement. However, the property needs significant renovations to maximize its value, especially with a basement that is roughed-in for a bathroom but currently underutilized.
Consider focusing on cosmetic upgrades and maximizing the basement's potential by adding a bathroom and separate entrance. This could potentially increase its appeal to buyers looking for rental opportunities or additional living space. Given the neighborhood's desirability, enhancing curb appeal and modernizing the interiors will likely yield a better return on investment.
What's Next?
Generate another report to compare more investment options.
Generate the Rent Potential of this home.
See what you could rent for based on similar properties.
Search for another property
Enter any address...
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.