The Flip Potential of 3 Pheasant Hill Rd Cape Elizabeth, ME is medium.
Current Specs
4 Bed / 2 Bath
1,986 sqft
$317 per sqft
Estimated Value$629,000
Flip Advice
This 4-bed, 2-bath single-family home at 3 Pheasant Hill Rd offers nearly 2,000 sqft in a desirable Cape Elizabeth neighborhood. With comps nearby showing a median sold price of $835K and an average sold price near $944K, the current valuation of $629K leaves some room for upside. However, the property is already in good condition and market trends show home values have only modestly increased over the past year—just 1.8%—while list prices in the area are higher, reflecting a premium market but also potential buyer caution.
If you're an investor, well, I'd be cautious about expecting a big flip profit unless you can add significant value—think smart cosmetic updates, or maybe finishing out that basement. For a homeowner looking to sell, minor upgrades and staging could make it shine and help you fetch a price closer to those higher comps, but don't expect a windfall without major improvements.
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 3 Pheasant Hill Rd: