20501 E 45th Ave — $449,999
- Beds/Baths/Sqft: 4 bd / 2 ba / 1,887 sqft
- Price per SqFt: $238
- Lot size: 9,880 sqft
- Year Built / Type: 1986 / Single Family Residential
- Parking: 220 Volts, Oversized
- Summary: This spacious 4-bedroom, 2-bath home is a great opportunity for renovation, featuring a large lot and motivated sellers.
- Renovation rationale:
- Low price per sqft at $238, providing room for renovations.
- Larger lot size of 9,880 sqft allows for potential expansions or outdoor improvements.
- Why these metrics matter for renovation:
- The low price per sqft combined with a larger lot size can lead to a favorable ARV (After Repair Value), making it a smart investment for future resale or rental potential.
- Recommended renovation ideas: Update kitchen and bathrooms, enhance outdoor space for entertainment, and consider adding energy-efficient systems.
- View on Redfin
5000 Troy St — $379,999
- Beds/Baths/Sqft: 4 bd / 2 ba / 1,768 sqft
- Price per SqFt: $215
- Lot size: 10,700 sqft
- Year Built / Type: 1966 / Single Family Residential
- Summary: This 4-bedroom home in Montbello invites creativity, offering a functional layout and large backyard for potential enhancements.
- Renovation rationale:
- Extremely low price per sqft at $215, allowing ample budget for renovations.
- Generous lot size of 10,700 sqft provides opportunities for outdoor living or expansions.
- Why these metrics matter for renovation:
- The low price per sqft and large lot size can significantly increase the property’s value post-renovation, making it an attractive option for buyers or renters.
- Recommended renovation ideas: Modernize the interior with updated finishes, landscape the backyard, and consider adding a patio or deck.
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1260 Essex Dr — $469,000
- Beds/Baths/Sqft: 4 bd / 2 ba / 1,700 sqft
- Price per SqFt: $276
- Lot size: 7,314 sqft
- Year Built / Type: 1961 / Single Family Residential
- Summary: This renovated 4-bedroom home features a modern kitchen and a spacious finished basement, making it move-in ready with room to grow.
- Renovation rationale:
- Reasonable price per sqft at $276, allowing for minor updates without overspending.
- Good lot size of 7,314 sqft offers space for outdoor improvements or additions.
- Why these metrics matter for renovation:
- A solid price per sqft and good lot size can lead to a higher return on investment through strategic renovations and improvements.
- Recommended renovation ideas: Enhance the basement for additional living space, update landscaping, and consider energy-efficient upgrades.
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5638 E 16th Ave — $585,000
- Beds/Baths/Sqft: 3 bd / 1 ba / 1,559 sqft
- Price per SqFt: $375
- Lot size: 4,385 sqft
- Year Built / Type: 1930 / Townhouse
- Summary: This well-maintained Park Hill duplex offers a solid foundation for renovation with its original features and a large basement ready to be finished.
- Renovation rationale:
- Reasonable price per sqft at $375, providing an opportunity to enhance value through updates.
- Usable lot size of 4,385 sqft allows for potential outdoor enhancements or expansions.
- Why these metrics matter for renovation:
- The combination of a manageable price per sqft and a functional layout can lead to significant value increases after renovation, particularly for rental or resale.
- Recommended renovation ideas: Finish the basement for more living space, update kitchen and bathroom fixtures, and enhance outdoor areas for curb appeal.
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1309 Vrain St — $650,000
- Beds/Baths/Sqft: 3 bd / 2 ba / 1,866 sqft
- Price per SqFt: $348
- Lot size: 6,250 sqft
- Year Built / Type: 1948 / Single Family Residential
- Summary: This charming Tudor features original architectural details and a basement with a mother-in-law apartment, offering flexibility for renovations.
- Renovation rationale:
- Competitive price per sqft at $348, allowing for strategic renovations without exceeding budget.
- Sizable lot of 6,250 sqft provides ample outdoor space for enhancements.
- Why these metrics matter for renovation:
- The attractive price per sqft combined with a flexible layout can lead to a high ARV, especially with the option for rental income from the basement.
- Recommended renovation ideas: Update the kitchen and bathrooms, enhance the basement apartment for rental potential, and improve landscaping for curb appeal.
- View on Redfin
