Flip report generated Feb 8, 2025
The Flip Potential of
726 S Main St Medina, NY
is medium.
Current Specs
4 Bed / 1 Bath
1,688 sqft
$55 per sqft
Estimated Value$93,668
Flip Advice
This property at 726 S Main St in Medina, NY, offers a strong flipping opportunity given its low listing price of $64,900 against a valuation of approximately $93K. The property's size of 1,688 sqft provides ample space for renovations, especially considering it has been gutted, allowing for immediate work without the hassle of cleanup. However, local comps indicate a mixed market, with values ranging from $76K to $220K, which suggests potential but also variability in profitability.
Investors should consider focusing on modernizing the interior while enhancing curb appeal to attract buyers. Given its prime location near shopping and dining, a strategic investment in quality renovations could yield significant returns. Ensure to conduct a thorough market analysis to refine your strategy based on recent trends in the neighborhood, keeping a keen eye on the comps provided.
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.