This 832 sqft bungalow in Lake Stevens presents an intriguing opportunity for a flip. Its location in a highly sought-after area, recent updates (fresh paint, updated kitchen, newer roof), and affordable price point under $500K are significant advantages. The property's proximity to amenities and award-winning schools adds to its appeal.
Given the property's potential and the strong local market, a flip could be profitable. Focus on maximizing the living space, possibly by finishing any unfinished areas or adding an extension if zoning allows. Upgrade the single bathroom and consider adding another if feasible. These improvements could significantly increase the property's value, aligning it more closely with local comps.