Courtesy of: Brenda E. Brewster, INNOVATE Real Estate, brenda@innovateonline.com
Courtesy of: Brenda E. Brewster, INNOVATE Real Estate, brenda@innovateonline.com
$329,000
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3 bed
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2.00 Bath (2 Full)
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Lot: 0.16 Acres
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Single Family Residence
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$329,000
602 Watauga Ave NEW PRICE - $329, 000 VALUE SNAPSHOT $329, 000 - Priced to attract immediate interest $222, 000+ in improvements - Major systems already updated Move-In Ready - Big-ticket items completed $15, 000/year income - Detached guest house leased at $1, 250/month Flexible use - Rental, office, guest suite, or multigenerational living BONUS VALUE Detached guest house provides immediate income or flexible living space--like getting two properties in one. OVER $222, 000 IN IMPROVEMENTS: New roof Electrical system upgrade (panel, wiring, service) PEX plumbing & new city water line Updated HVAC & ductwork Renovated bathrooms (guest + primary) LED lighting upgrades Decks, walkways & landscaping Detached guest house (income-producing) Additional updates throughout PROPERTY FEATURES: Updated historic home blending character with modern systems. Detached guest house generates income and adds flexibility. Over $222K in improvements reduce future costs, making this a strong value for both homeowners and investors. OVER $222, 000 IN DOCUMENTED CAPITAL IMPROVEMENTS: Estimated current replacement costs shown for illustration. New Roof -- (Estimated replacement cost: $18, 000-$25, 000) Already completed Complete Electrical System Upgrade (new service, breaker panel, wiring throughout the home, and electrical feeds to both buildings) -- (Estimated replacement cost: $20, 000-$35, 000) Already completed New City Water Service Line (street to home) -- (Estimated replacement cost: $8, 000-$15, 000) Already completed PEX Plumbing Upgrades Throughout -- (Estimated replacement cost: $15, 000-$30, 000) Already completed Sewer Line Professionally Cleaned and Restored -- (Estimated value of service: $500-$2, 000) Already completed Updated HVAC System & Ductwork -- (Estimated replacement cost: $12, 000-$20, 000) Already completed Completely Renovated Guest Bathroom (taken to the studs and rebuilt) -- (Estimated replacement cost: $20, 000-$35, 000) Already completed Newly Updated Primary En-Suite Bathroom -- (Estimated replacement cost: $12, 000-$25, 000) Already completed Detached Guest House Improvements -- Adds immediate income-producing capability with current gross rental income of approximately $15, 000 annually. New Decks & Outdoor Living Areas -- (Estimated replacement cost: $15, 000-$30, 000) Already completed Concrete Walkways & Hardscaping -- (Estimated replacement cost: $8, 000-$18, 000) Already completed Professionally Designed Mature Landscaping & Gardens -- (Estimated replacement cost: $10, 000-$30, 000) Already completed Updated Interior & Exterior Lighting -- (Estimated replacement cost: $3, 000-$8, 000) Already completed The next owner can enjoy these improvements without taking on the cost, disruption, and time required to complete them today.
Courtesy of: Brenda E. Brewster, INNOVATE Real Estate, brenda@innovateonline.com
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