The Flip Potential of 1221 E Kaler Dr Phoenix, AZ is medium.
Current Specs
3 Bed / 2 Bath
1,938 sqft
$206 per sqft
Estimated Value$400,000
Flip Advice
This North Central Phoenix property presents a moderate flip opportunity. Recently sold for $400K, it features a 3-bed/2-bath layout with 1,938 sqft and desirable upgrades including wood flooring, stainless steel appliances, and a 2-year-old AC unit. However, the Phoenix market is currently experiencing price declines with inventory at a 9-year high, creating downward pressure on values.
Consider a targeted renovation focusing on kitchen modernization and outdoor space enhancement to maximize ROI. Adding a bedroom and bathroom could increase value by $82K (20.5%) based on comp data, while simply adding square footage might yield $88K (22%). With Phoenix's market softening, aim for a quick turnaround to minimize holding costs during this declining market phase.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 1221 E Kaler Dr: