The property at 623 Ridgewood Dr, located in the desirable Hills and Dales neighborhood of West Lafayette, has significant potential due to its spacious layout of 3,400 sqft and a decent lot size of 14,104 sqft. Recent comps in the area, with valuations around 743K-748K, indicate a strong market. However, the property's age (built in 1939) may necessitate renovations, impacting the ROI.
To maximize flip potential, consider cosmetic updates and minor structural improvements. Given the recent valuation estimates ranging from 666K to 755K, investing in kitchen and bathroom upgrades could significantly enhance the property’s appeal and resale value. Ensure that the renovations align with buyer preferences in this upscale neighborhood.