Flip report generated Dec 16, 2024
The Flip Potential of
7109 W 61st Ave Arvada, CO
is medium.
Current Specs
3 Bed / 1 Bath
1,974 sqft
$286 per sqft
Estimated Value$565,000
Flip Advice
This Arvada property has significant flip potential due to its large lot size of over 23,000 sqft and zoning that permits the construction of multiple homes. The neighborhood is desirable, with median listing prices around $632K. However, the existing home is in need of updates and repairs, which could impact immediate returns but ultimately enhance value.
Consider undertaking renovations to improve the property's livability while simultaneously exploring options for redevelopment. Investing in cosmetic upgrades could make it attractive for immediate sale or rental, while planning for future construction can maximize long-term return. A strategic approach to both immediate enhancements and future development will be key.
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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.