This 1920-built property in Mound, MN presents an intriguing flip opportunity. With 828 sqft, 2 beds, and 1 bath on a sizable 8,712 sqft lot, it's primed for expansion. The current valuation of $291.5K suggests potential for value-add renovations, especially considering the median sold price of $281.5K for similar properties in the area.
Consider adding square footage to maximize returns. Comps show a 22.8% increase in value by expanding to 1,078 sqft. Adding a bedroom and bathroom could yield a 16.2% boost. Focus on modernizing the kitchen and bathroom, and explore the possibility of adding an extra bedroom or living space to align with local market preferences.