The property at 407 W Center St in Medina is a charming 3-bedroom, 1.5-bathroom bungalow with 1,661 sqft. Given its recent sales price of $50K and estimated current value around $170K, it has notable potential for appreciation. However, it may require cosmetic updates to maximize its appeal, as the comps indicate a median sold price of $225K. The average price per square foot in the area is approximately $95, which suggests that while the property is undervalued, larger homes are selling for more.
Consider making strategic improvements, such as enhancing curb appeal and updating the kitchen and bathrooms, as this can significantly boost the property's marketability. If you're planning to flip, be mindful of renovation costs versus potential returns. Given the neighborhood's rising values, this property could be a great opportunity if managed effectively.