This 3-bed, 1-bath colonial in Agawam, MA has moderate flip potential. Built in 1817, it offers 2,318 sqft on a large 28,750 sqft lot. The property last sold in 2004 for $232,500 and now has an estimated value around $402K, showing significant appreciation. Its historic charm and ample lot size are attractive features.
Consider a strategic renovation focusing on updating the kitchen and bathroom to modern standards while preserving the home's historic character. Adding a second bathroom could significantly boost value, as comps show a 10% increase for 4-bed, 2-bath homes in the area. Given the large lot, also explore the possibility of an addition to increase living space and match higher-valued comps.