The property at 2822 Floral Way Dr, San Antonio, is located in a desirable neighborhood with a median listing price of approximately $359K. However, given its age (built in 1978) and the current valuation around $301K, it may require significant renovations to realize a profitable flip. Comp data shows higher valuations for similar properties, indicating potential for appreciation.
To enhance the flip potential, consider focusing on cosmetic updates rather than major structural changes, which can be costly. Prioritize kitchen and bathroom upgrades, as these areas typically yield the highest ROI. Additionally, staging the home effectively can attract buyers in this competitive market. Aim for a sale price that aligns with the median values in the area to maximize profit.