This property on Breckenridge Street represents the ‘before’ version of a home like 231 Gary Street. It is a substantial fixer-upper that sold at a deep discount, reflecting the significant investment in time and capital needed to bring it up to modern standards. Comparing the two highlights the value added by the extensive renovations at 231 Gary Street, including the new kitchen and flooring. It serves as a good reminder of the price jump between a project house and a move-in-ready home in Henderson.

This sold listing on Young Street is a fantastic point of comparison because, like 231 Gary Street, it has been thoughtfully modernized with updated flooring and contemporary kitchen finishes. While 231 Gary Street offers a bit more square footage and a second level, this home sold for a significantly lower price per square foot despite the typical market premium for its true one-story layout. The quality of the renovations appears very similar in both properties, which makes the higher price point for the home for sale stand out.

The property on Beck Avenue offers a much larger footprint and sits on over an acre of land, providing a level of privacy and space that 231 Gary Street doesn’t quite match. While 231 Gary Street features more ‘on-trend’ cosmetic updates like the black kitchen counters and fresh grey paint, the Beck Avenue home provided significantly more physical asset and land for a lower total price. Even when we account for the fact that smaller homes like 231 Gary Street usually cost more per foot, the price gap here is quite wide.