This Seattle property has potential, but it's not a slam dunk. The 1956-built home needs cosmetic updates, which could be a plus for flippers. Its spacious 7,200+ sq ft corner lot offers intriguing possibilities, like adding a DADU or even subdividing. The hot tub and newer insulation are nice touches, but they might not move the needle much on resale value.
Consider a modest renovation to boost appeal without overcapitalizing. Focus on kitchen and bathroom updates, as they typically offer the best ROI. The large lot is your ace - explore the DADU or subdivision potential, as that could significantly increase property value. Keep an eye on the local market trends and be prepared to pivot if necessary.