The Flip Potential of
118 New York Ave Harrisonburg, VA is medium.

This 2-bed, 1-bath, 695 sqft home on New York Ave in Harrisonburg is priced at $166K, right in line with the neighbor at 121 New York Ave, also a 2/1/695 sqft sold for $166K. Larger and updated comps in the area push values closer to $220K–$235K, but those tend to have an extra bed, bath, or more square footage. The market for smaller homes here is steady, but the property’s size limits its upside.

If you’re thinking about selling, focus on cosmetic upgrades—fresh paint, updated fixtures, and curb appeal. Major renovations (adding a bedroom or bath) could boost value, but might not justify the investment unless you snag a contractor deal. For flippers, the spread is pretty tight, so unless you can buy well below ask, it’s best to keep costs low and target first-time buyers or renters. If you’re a homeowner, small improvements will help attract offers.