This Phoenix property presents an intriguing opportunity for a flip. Built in 1974, the 2,007 sqft single-family home sits on a decent 8,681 sqft lot in the Green Meadows neighborhood. Its last sale in 1996 for $93,700 suggests significant potential for value appreciation. Current estimates place its value around $445,000, indicating substantial growth over time.
Consider this property for a moderate flip potential. The home's age suggests room for modernization and value-add renovations. Focus on kitchen and bathroom upgrades, as well as energy-efficient improvements to appeal to today's buyers. However, be cautious with your budget, as the property's current valuation is close to the neighborhood's median listing price of $438,000.