This 780 sqft, 2-bed/1-bath property in Seattle's South Park neighborhood shows moderate flip potential. Built in 1900 but remodeled with updated kitchen, new flooring, and refreshed bathroom, it's already move-in ready. Current valuation at $472K is competitive for the area, with nearby comps ranging from $450-732K.
Consider adding square footage for the highest ROI. Comp data shows expanding to 1030 sqft could increase value by 30% ($143K). Alternatively, adding a bedroom and bathroom could yield a 19.5% gain ($92K). With Seattle flippers earning gross profits of $134K per flip in Q2 2024, strategic renovations could maximize your return in this market.