The Flip Potential of 1023 Hooker St Denver, CO🏡 is medium.
Current Specs
3 Bed / 1 Bath
1,236 sqft
$374 per sqft
Estimated Value$461,931
Flip Advice
This 1236 sqft, 3-bed, 1-bath single-family home in Denver's West neighborhood has moderate flip potential. Built in 1946, it last sold for $340K in 2018 and is now valued around $462K. The property's historical appreciation and location in a desirable area with a median listing price of $645K are positive factors.
Consider a strategic renovation to boost value, focusing on kitchen and bathroom updates. Adding a bedroom or bath could increase the valuation by 10-13% based on comps. However, with recent renovations potentially limiting ROI, carefully assess renovation costs against potential gains. The strong rental market in Denver may offer an alternative strategy if flipping proves less profitable.
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.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 1023 Hooker St: