Flip report generated Jan 5, 2025
The Flip Potential of
2220 Grier Woods Ct Las Vegas, NV
is medium.
Current Specs
3 Bed / 3 Bath
2,539 sqft
$309 per sqft
Estimated Value$784,188
Flip Advice
The property at 2220 Grier Woods Ct in Las Vegas boasts a spacious layout with 3 bedrooms and 3 baths, making it attractive for families. However, the comps in the neighborhood show a significant disparity in valuation, with similar homes averaging around $900K while this property is listed at $729K. This suggests potential undervaluation. The neighborhood, The Trails, has a median listing price of $695K, indicating a healthy market.
Consider cosmetic updates to enhance the property's appeal, particularly in the kitchen and bathrooms, which yield high ROI. Given the comps, this property could be flipped for a profit or serve as a solid investment for long-term rental income. Ensure to analyze the current market trends closely to gauge the best timing for sale, as home values appear to be on the rise.
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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.