Flip report generated Jul 23, 2025
The Flip Potential of
162 Reed Ave Syracuse, NY 13207
is medium.
Current Specs
3 Bed / 1 Bath
1,156 sqft
$87 per sqft
Estimated Value$100,000
Flip Advice
This 3-bed, 1-bath, 1,156 sqft home in Strathmore, Syracuse is listed at $100K, well below the nearby median sold price of $170K for similar homes. The comps suggest an average price per sqft of $121 and a median of $120; this property is currently asking just $87/sqft. It’s described as needing TLC but offers some updates like newer windows and a water heater. The Strathmore area is desirable, but the school ratings are on the lower end, which could impact resale appeal for families.
If you’re a flipper, this looks like a solid value play: budget for cosmetic and system improvements and aim for a resale around $160K–$170K based on comps. Just watch your renovation budget to avoid over-improving for the area. For current owners, simple upgrades—fresh paint, landscaping, and finishing minor repairs—could make the home more attractive and help maximize your sale price without a full gut job.
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.