The Flip Potential of 2532 W Roveen Ave Phoenix, AZ 85029 is medium.
Current Specs
3 Bed / 2 Bath
1,490 sqft
$201 per sqft
Estimated Value$300,000
Flip Advice
This 3-bed, 2-bath single-family home in Phoenix's North Mountain neighborhood has potential for a flip, but requires careful consideration. Built in 1977, it's priced at $300,000 ($201/sqft), which is below the neighborhood's median listing price of $399,947. The property features a remodeled kitchen, swimming pool, and 2-car garage, but needs some TLC.
Given the property's condition and the local market trends, a moderate renovation focusing on modernizing key areas could yield a good return. Consider updating the bathrooms, improving curb appeal, and addressing any deferred maintenance. However, be cautious of overcapitalizing, as the median price per square foot in the area is $235-$258, limiting your potential profit margin.
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 2532 W Roveen Ave: