Columbus house flips come in all shapes and sizes across the capital of the Buckeye State. One particular Ohio house flipper recently partnered with us to complete a fixer-upper project in the city of Columbus that we are pleased to share as April 2021's featured flip.
The Columbus home flipper chose to perform a number of updates on this investment property. They were determined to make the house a home for an Ohio family. The real estate investor successfully modernized the home in a 9-month period. Fund That Flip was recruited as a partner to aid the borrowing team with a fix-and-flip bridge loan.
Check out the video below to see how this Columbus, OH property was renovated. Despite being an 1898 Victorian, the flipped home looks like it could be a 21st-century build due to the magnificent upgrades made by the flipping team!
The Columbus real estate investor seized their opportunity to make a profit, listing the newly renovated home for more than double the original purchase price. Some of the home's most stunning features include a den that can be used as a home office, a kitchen with quartz countertops, stainless steel appliances, and modern cabinets, 4 bedrooms, a master bathroom with a walk-in shower and soaking tub, a third-floor rec room, and a 2 car garage.
2 Stats You Need To Know to Execute a Columbus House Flip
If you plan to add to the number of house flips in the city of Columbus, OH in the near future, you are going to want to understand the local market.
- The average sale price of a home in March 2021 was $284,817. This is an increase from 2020 when the average sale price was $255,337.
- The average number of days on market as of March 2021 was 24. This is over 40% less than the number of days in 2020 which was 41.
Are You Ready to Flip a House in Columbus, OH?
Looking for an alternative to stocks? Real estate investing can earn up to 9% annual returns on pre-vetted, low LTV, real estate-secured loans. Fund That Flip offers industry-leading visibility into each project, enabling investors to be highly selective in the loans they choose to fund. Click below to make an investment today!