The Flip Potential of 4018 Shelley Ave Colorado Springs, CO 80910 is medium.
Current Specs
3 Bed / 2 Bath
912 sqft
$352 per sqft
Estimated Value$320,666
Flip Advice
This property at 4018 Shelley Ave in Colorado Springs has undergone significant recent renovations, including new windows, a remodeled kitchen, and updated bathrooms. While the property is appealing and boasts mountain views, its flip potential is somewhat limited due to the extent of these improvements. In the current market, the median listing price for similar homes in the neighborhood is around $440K, suggesting that while the property is attractive, the ROI on a flip may not be substantial.
To enhance the property's attractiveness for a future sale, focus on minor aesthetic upgrades that don't require extensive investments. Consider landscaping improvements and fresh paint to maximize curb appeal without overcapitalizing. The current market is competitive, so staging the home effectively could also help in achieving a desirable sale price. Given the renovations already completed, it might be better to hold onto the property for a while rather than flip it immediately.
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.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 4018 Shelley Ave: