The home on Beacon Avenue offers a bit more architectural character with its cottage-style porch, but like 402 Spring Court, it was sold as a project needing a full overhaul. This property is larger and sits on a significantly bigger lot, which explains the higher sales price. When we look at the cost per square foot, 402 Spring Court is actually slightly more affordable, though it lacks the extra yard space found here.

This home on State Street gives us a great look at what 402 Spring Court could become after a renovation. This sold listing features fresh paint, updated flooring, and a clean, move-in-ready interior that commanded a much higher price per square foot. The $38,000 price difference between the two homes effectively represents the ‘sweat equity’ or renovation budget an investor would need to put into the home for sale to reach this level of finish.

When looking at this sold listing on Thomas Street, we see a very similar investment profile to 402 Spring Court. Both homes are positioned as ‘as-is’ opportunities requiring significant work to reach their full potential. While the home on Thomas Street sold for a lower total price, it was also slightly smaller and offered a bit more land for the buyer. The interior photos of both properties show they are essentially blank canvases for a complete remodel.