Flip report generated Nov 23, 2024
The Flip Potential of
2652 Starr Meadows Loop Reno, NV
home
is medium.
Current Specs
4 Bed / 2.5 Bath
2,159 sqft
$371 per sqft
Estimated Value$800,000
Flip Scenarios
Explore renovation scenarios based on recent comps in or around Lakeridge Springs that could increase the value of 2652 Starr Meadows Loop:
Add 250 sqft...
+$81,929 (10.24%)
New Potential Value$881,929
Add a bedroom...
+$36,046 (4.51%)
New Potential Value$836,046
Add a bed & bath...
+$60,359 (7.54%)
New Potential Value$860,359
Flip Advice
The property at 2652 Starr Meadows Loop in Reno's desirable Lakeridge Springs neighborhood boasts a modern design and extensive renovations, making it less of a candidate for flipping. With a valuation around $800K and recent comps indicating higher valuations for larger properties, the potential for significant ROI from a flip is limited, especially given the property's recent upgrades.
Consider enhancing the property’s appeal with minor cosmetic updates or staging to maximize sale price rather than a full flip. Focus on marketing its features such as high-end finishes and scenic views. This approach could yield a better return for a sale in this competitive market, capitalizing on its location and amenities.
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.