Flip report generated Dec 15, 2024

The Flip Potential of
1294 N Echo Ave Fresno, CA🏡 is medium.

Current Specs
2 Bed / 2 Bath
1,167 sqft
$248 per sqft
Estimated Value$289,644
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 1294 N Echo Ave:
Add 250 sqft...
+$58,592 (20.23%)
New Potential Value$348,235
Add a bedroom...
+$30,119 (10.40%)
New Potential Value$319,763
Add a bed & bath...
+$30,299 (10.46%)
New Potential Value$319,942
Flip Advice
The property at 1294 N Echo Ave in Fresno's desirable Tower District has solid flip potential. With a median listing price of around $350K in the area and comparable properties selling for upwards of $348K, this 2-bedroom, 2-bath single-family home could be a lucrative investment. The home’s current valuation stands at approximately $290K, suggesting a reasonable upside even after renovations.
Consider making strategic updates to this property to maximize its appeal—focus on kitchen and bathroom renovations, as these yield the highest returns. Given the neighborhood's popularity, enhancing curb appeal and possibly adding modern features could significantly increase the resale value. Aim for a flip timeline that allows you to capitalize on the current market demand.
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.