This property at 7729 Valley Quail Pt, Colorado Springs, is a 2-bedroom single-family home with a square footage of 1,396. The neighborhood, Powers, has a median listing price of $439,900, but this property is listed at only $69,900. Given recent comparable sales in the area, the estimated value is around $224K, indicating a significant potential for equity gain. However, its current condition may limit the immediate profitability of a flip.
If you are considering flipping, focus on cosmetic updates to enhance appeal and align with market trends. Given the low entry price, a strategic approach with minor renovations could yield a solid return. Alternatively, if you're a homeowner looking to sell, consider effective staging and minor repairs to maximize sale price without extensive renovations.