Flip report generated Apr 5, 2025
The Flip Potential of
1057 Marton St Laurel, MD 20707
is medium.
Current Specs
4 Bed / 2 Bath
1,064 sqft
$395 per sqft
Estimated Value$419,995
Flip Advice
The property at 1057 Marton St in Laurel, MD, offers decent potential for a flip. Located in a seller's market, the area shows rising demand, with prices increasing by 4.6% YoY and homes selling quickly. However, its smaller-than-average size (1,064 sqft) and the need for repairs may limit its appeal. Nearby comps suggest potential post-renovation valuations closer to $460K-$520K, but the $420K list price leaves limited room for profit after renovation costs.
To maximize potential, focus on cost-effective upgrades like kitchen and bathroom renovations and improving curb appeal. Aim to keep renovation costs low by targeting high-ROI improvements. If selling as-is, market the home to buyers looking for a fixer-upper. For a flip, ensure that post-renovation sale prices justify the investment, using the 70% rule to guide spending limits.
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.