Flip report generated Nov 23, 2024
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, is a fixer-upper with 4 bedrooms and a full attic, making it an attractive option for investors. Its low list price of $64,900 is significantly below the median market value of comparable properties, which are valued at around $104K-$220K. However, the home has been completely gutted, which offers an excellent starting point for renovations. The neighborhood's proximity to shopping and events also adds to its allure.
Investors and current homeowners should consider investing in cosmetic updates to maximize appeal. Focus on enhancing curb appeal, interior finishes, and modern amenities to attract buyers. Given the strong appreciation in the Medina area, this property could yield a solid return with the right renovations. The estimated value after renovations could reach upwards of $120K, depending on market demand.
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