The property at 808 Hunters Run Dr in Richmond, VA, offers decent potential for a flip. With 4 bedrooms and 3 baths, it has a solid layout and a good-sized lot of 8,454 sqft. However, the average comp valuations in the area hover around $330K to $352K, indicating a competitive market. The property’s estimated value is approximately $304K, suggesting some room for appreciation, but it may require significant renovations to stand out, especially in a neighborhood where higher-end properties are selling for over $575K.
Consider focusing on cosmetic updates that can enhance the property's appeal, such as modernizing the kitchen and bathrooms, fresh paint, and landscaping improvements. Given the existing competition, these upgrades could help you attract buyers and maximize your return. Additionally, keeping an eye on market trends and pricing competitively will be key to a successful flip.