The Flip Potential of 109 Kingsmill Rd Cary, NC🏡 is medium.
Current Specs
Multi-Family
1 Units
0 Bed / 2.5 Bath
1,502 sqft
$292 per sqft
Estimated Value$437,847
Flip Advice
The property at 109 Kingsmill Rd, Cary, NC shows moderate flip potential. Built in 1996, this 1,502 sqft single-family home last sold for $271,000 in October 2022. Its current estimated value of $438K represents a 62% increase, indicating significant market appreciation in just over two years.
Consider a strategic renovation to maximize return. Focus on updating key areas like the kitchen and bathrooms to align with current buyer preferences. Given the competitive Cary market, with homes selling in around 34 days, a well-executed flip could yield a profitable outcome. However, be mindful of potential market stabilization and rising renovation costs.
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 109 Kingsmill Rd: