Property Overview
Broken Pipe for Seller = Built In Equity for You!
Property suffered a pipe leak under the kitchen sink, which has since been repaired.
This 2-bed, 2-bath, 1,186 sq. ft. townhouse in The Aspens Neighborhood is ready for its facelift! Since the pipe leak, the seller has repaired the pipe and demo’ed most of the kitchen and downstairs – leaving it ready for your crew on closing day!
Floor 1:
Finish the drywall in the living room and kitchen, add new flooring, new cabinets + appliances (consider an island for max value), finish the framed in bathroom, and a coat of fresh paint across the whole level will round out this project.
Floor 2:
Upstairs – you’ve got the full bathroom in need of an overhaul, two bedrooms (one with vaulted ceilings), and the laundry closet. Fresh paint and flooring will take this level into the modern age!
Other Features:
Detached oversize 2 car garage + fenced in patio! Plus this end unit only shares one common wall!
With the right updates, this townhouse is sure to fly off the market, just like the other recently renovated properties in the area.
Why this works:
- Renovated Properties = faster sales in The Aspens
- Bathroom Potential = turn the 1/2 bath into a 3/4 for a quick value add
- Strong Exit Options: Flip or Long-term hold for rental income
- Ready to Go Project = Ready for your Crew to step in on day of closing! 3/4 the demo is already done!
Set for a close on May 5th, 2025, this is your chance to get your crew ready to jump in and turn this opportunity into a standout property.
Neighborhood Details: The Aspens neighborhood in Aurora is a spot where updated homes don’t last long—renovated comps here have sold from 7 to 33 days. It has shopping and restaurants, bus stops and the Florida Light Rail Station close by, making it super convenient for getting around. The community enjoys a greenbelt access, bike trails, a community pool and playground.
Video Walkthrough
The estimated fix budget for this full renovation is $55,000. The main level flooring will need to be replaced, along with new carpet installation on the stairs and second floor. In the kitchen, drywall repairs are necessary due to a previously repaired sink leak, and new cabinets, countertops, and appliances will need to be installed. The half bath on the first floor is already framed out and ready for renovation, while the full bathroom upstairs will require updates to match neighborhood comps. Additionally, the sliding patio door needs replacement. To complete the project, a fresh coat of paint throughout the interior will be necessary, ensuring a clean and updated look. This full renovation will bring the property up to market standards and maximize its resale potential.
Total Budget: $55,000
The finished property will be a fully renovated 2 bed, 2 bath, 1,186 square foot property with a 2 car detached garage.
HOA includes water, sewer, trash, snow removal, ground maintenance, and the pool. $448 per month.
Closing is scheduled for 05/05/2025.
We can close sooner if preferred by buyer.
2 Beds, 2 Baths, 1,186 sq ft
1263 S Crystal Way, Aurora, CO 80012 Zillow
Sold on 2/19/2025 for $345,000 | 2 Beds, 2 Baths, 1,258 sq ft
This comparable property has some updates, including granite tile counters in the kitchen, but overall, both the kitchen and bathrooms are dated, and carpet runs throughout the home. In contrast, the subject property will feature modern finishes, including updated flooring, a fully renovated kitchen, and stylishly upgraded bathrooms, giving it a clear edge in appeal and value. While this comp is 72 square feet larger, both homes share the same 2-bedroom layout and a 2-car detached garage, making them strong comparisons. However, this comp has two full bathrooms, whereas the subject property has one full bath and one half bath. Despite these differences, this comp recently sold for $345,000 with $3,750 in concessions. With the planned upgrades, the subject property is positioned to be even more competitive, making it a great investment opportunity.
1306 S Dillon Way, Aurora, CO 80012 Zillow
Sold 12/31/24 for $355,000 | 2 Beds, 2 Baths, 1,225 Sq Ft
This second comparable property offers a strong look at the market potential for the subject property. With stainless steel appliances, granite countertops, and an island, the kitchen is already on par with what the subject property will feature after renovations. However, the bathrooms in this comp are dated, whereas the subject property will have a more polished, modern look. While this comp is slightly larger by 39 square feet, both properties share a two-bedroom layout with vaulted ceilings in the primary room, creating a spacious feel. One difference is that this comp includes a porch off the primary bedroom, which the subject property does not have, along with two full bathrooms compared to the subject’s one and a half baths. This comp sold quickly in just 7 days for $355,000 with $6,500 in concessions, showing strong demand. With similar after repair value and updated finishes, the subject property is well positioned to attract buyers just as quickly.
1315 S Crystal Way, Aurora, CO 80012 Zillow
Sold on 8/23/24 for $348,000 | 2 Beds, 1.5 Baths, 1,258 Sq Ft
This comparable property is a middle unit, sharing both sides of common walls, while the subject property is located on the end lot, only sharing one side, giving it more privacy. Both properties have a similar layout with 2 bedrooms and 1.5 bathrooms, though the subject property will have a nicer kitchen after renovation. While this comp has laminate counters and painted cabinets with new pulls, the subject property will feature updated, modern finishes that will help boost its value. The bathrooms in the subject will be similar to the comp after renovation, maintaining that clean, updated look. This comp is 72 square feet larger than the subject property, but the subject’s location on a corner lot and its upgraded kitchen should give it a higher value. This comp sold for $348,500 with $8,500 in concessions after being on the market for 33 days, showing a solid after-repair value. With its better location and planned improvements, the subject property is positioned to attract buyers quickly and compete with comps like this one.
