The property at 992 Belmont Ter Unit 7 in Sunnyvale is located in a desirable neighborhood, West Murphy, which has a median listing price of approximately $1.4M. However, with its current valuation around $1.1M, the potential for a profitable flip might be limited due to the relatively high price per square foot at $862 and recent comps suggesting a market trend favoring larger units. The property may not require extensive renovations, which typically yields higher returns.
To enhance sellability, consider minor cosmetic upgrades like fresh paint and updated fixtures to attract buyers without overspending. If you're a homeowner, focusing on staging and highlighting the condo's amenities, such as the pool and spacious layout, can also boost appeal. Monitor market trends closely, as the right timing could significantly influence your sale outcome.