The Flip Potential of 2561 S Carey Way Denver, CO 80222 is medium.
Current Specs
4 Bed / 4 Bath
2,212 sqft
$294 per sqft
Estimated Value$650,000
Flip Advice
This 1953 ranch-style property in Denver's University Hills neighborhood presents interesting flip potential with its 2,212 sqft floor plan and unique multi-generational layout. Recently expanded with two in-law suites, the property offers rare versatility in a desirable area. At $650K listing price ($294/sqft), it's positioned below comparable properties which average $324-$394/sqft in this market where updated homes command premium prices.
Consider a moderate renovation focusing on modernizing finishes while preserving the property's multi-functional layout that appeals to extended families or rental income seekers. Target improvements should include kitchen updates, bathroom refreshes, and enhancing curb appeal. With comps showing potential ARVs of $700-730K after improvements, there's a modest but viable profit margin that could be enhanced by strategic, cost-effective upgrades.
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 2561 S Carey Way: