Flip report generated Feb 1, 2025
The Flip Potential of
195 Fabric Shack Rd Summerville, GA
is high.
Current Specs
2 Bed / 1 Bath
896 sqft
$45 per sqft
Estimated Value$39,900
Flip Advice
The property at 195 Fabric Shack Rd, Summerville, GA, is a 2-bedroom, 1-bathroom single-family home on a 1-acre lot. With a list price of $39,900, it shows potential for a flip, especially given the recent demand in the area. Comparable sales indicate a median sold price of around $103K, suggesting a significant markup is achievable post-renovation. However, the property requires extensive renovations, which could impact the overall ROI.
Consider investing in necessary renovations to enhance the property's appeal, focusing on kitchen and bathroom updates. Given its attractive price point and larger lot size, you might also explore options for expanding the living space, which could further increase value. Ensure to budget adequately for renovations and assess local market trends to optimize sale timing.
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.