Reasonable Scenario B/C candidate in a target neighborhood. Tour if listing price pencils against the ~$1.7M cap (1.45 + reno).
Analysis
27th Ave NW is a quiet residential street in Ballard / Loyal Heights โ not on the excluded arterials list. Property is 4bd/2ba at ~2,250 sqft, which is below the 2,800 ideal but above the Scenario C 1,800 minimum. Could land in Scenario B (price-shade near-miss) or Scenario C (renovation candidate). Could not fetch current listing details (Zillow scraping blocked).
Pros
- Loyal Heights / Ballard โ top target neighborhood
- 27th Ave NW is a residential street, not excluded
- 4 bedrooms meets criteria
- Walkable to Loyal Heights amenities
Cons
- ~2,250 sqft below the 2,800 sqft ideal target
- Only 2 baths โ 2.5+ preferred
- Could not validate current price/lot/condition (Zillow blocked)
- Last sold 2022 โ would want to compare appreciation vs. value-add