Flip report generated Dec 13, 2024
The Flip Potential of
1436 Moorefield Rd Danbury, NC 27016
is medium.
Current Specs
3 Bed / 1 Bath
Estimated Value$99,900
Flip Advice
The property at 1436 Moorefield Rd in Danbury, NC, is a 3-bedroom, 1-bathroom single-family home with a list price of $99,900. Given its age and the As-Is condition, it presents a potential flip opportunity. However, with a valuation of approximately $99K and nearby comps averaging $182K, the profit margin may not be substantial due to renovation costs. Additionally, the neighborhood's desirability can influence sale attractiveness.
Consider making strategic renovations that align with buyer preferences, focusing on modernizing the kitchen and bathroom. A fresh coat of paint and landscaping improvements could enhance appeal. Given the current market, aim for a quick sale post-renovation to capitalize on demand. However, be cautious of high renovation costs that could eat into profitability.
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