Flip report generated Jan 29, 2025
The Flip Potential of
478 Petree Rd Winston-Salem, NC
is medium.
Current Specs
3 Bed / 2 Bath
2,011 sqft
$164 per sqft
Estimated Value$330,749
Flip Advice
The property at 478 Petree Rd in Winston Salem is a well-maintained single-family home with three bedrooms and two bathrooms. It has been recently remodeled, featuring an updated kitchen and a waterproofed basement. However, because it’s already been renovated, the potential for a profitable flip is limited compared to properties that require more extensive work. The current valuation is around $330K, while the median sold prices in the neighborhood are around $358K, indicating modest profit potential.
If you're looking to sell, focus on minor updates or staging to enhance appeal rather than major renovations. Highlight the home's features and ensure it’s priced competitively to attract buyers quickly. Alternatively, consider holding onto the property as it is located in a desirable area with a strong market trend, which may yield better long-term appreciation.
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.