The Flip Potential of 5869 Idlewood Rd Mound, MN🏡 is medium.
Current Specs
2 Bed / 1 Bath
828 sqft
$352 per sqft
Estimated Value$291,578
Flip Advice
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.
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 5869 Idlewood Rd: