This property at 5115 Hickory Ct in Saginaw offers a solid foundation for a flip. With 2501 sqft and a spacious lot, it features a desirable layout of 3 bedrooms and 2.5 baths. The area is characterized by respectable property valuations ranging from approximately $385K to $419K, indicating a healthy appreciation potential. However, the nearby comps show that the property's value per square foot is significantly lower than the average in the neighborhood, suggesting the need for strategic improvements to enhance its appeal.
To maximize the flip potential, consider focusing on interior upgrades that resonate with modern buyers, such as a contemporary kitchen remodel, fresh paint, and landscaping enhancements. The exterior, built with brick siding, can be complemented with attractive outdoor spaces. Given the recent appraised valuations, investing around $30-50K in renovations could yield a favorable return, especially if the property is positioned well in the local market.