The property at 112 W Louisiana St, Evansville, IN, is currently undervalued in the market. With a recent sale price of $38,000 and a price per square foot of $28.83, it's significantly below the area's average. Comparable properties are selling for $70,000-$130,000, indicating potential for value appreciation.
Consider a strategic renovation to maximize return on investment. Focus on cost-effective upgrades that align with local market preferences. Price the property competitively around $85,000-$95,000 after improvements to attract buyers quickly. Highlight its location and potential to stand out in marketing materials.