Remodeled Homes – Paradise Valley Arizona
Under the category of searching for remodeled Homes – Paradise Valley Arizona. In most cases those searching for remodeled homes in Paradise Valley are finding homes on the MLS that investors have flipped. Let’s look at the example below. The Paradise Valley home featured below netted the investors a cool $700,000 Profit. Paradise Valley and Scottsdale home flips have become BIG business. A number of the high sales in Paradise Valley have been “home flips”.
The remodeling/flipping trend is profitable. Homes for sale in Paradise Valley are being bought as “outdated relics” and then remodeled and re-launched as beautiful million dollar estate homes. Scottsdale, Paradise Valley and Arcadia real estate agents like myself
are grateful for these designer renovations. Remodeled homes in Paradise Valley and Scottsdale are what a high percentage of the buyers are looking for.
Paradise Valley Flip – Net’s Investors $700,000
Remodeled Homes – Paradise Valley Arizona. Two talented investors just flipped a Paradise Valley home for a cool $700,000 profit in just one short year. The interesting note here is. The luxury home was on the market for over 370 days for any number of buyers to purchase. The investors purchased the Paradise Valley home at a great price . One year later after a beautiful remodel, the home was re-listed and SOLD in a very short 47 days. The investors listed the home for to allow for 50% ROI. After remodeling expenses, the investors netted a 63% return on investment. A nice reward for taking the time to complete a beautiful remodel that other buyers did not have time or interest in doing. The remodel effort was time well spent for this couple. Well done!
Congratulations to both the buyers and sellers.
For more information on homes in Paradise Valley, Scottsdale or Arcadia please feel free to call me anytime at RL Sotheby’s International Realty. I am happy to guide buyers to homes with either fantastic equity potential or those that are new or completely remodeled.
PLEASE NOTE : Many new Paradise Valley listings coming on line in 2023 please call my cell below.
Michael Chaisson, Realtor -480-450-4632 Russ Lyon Sotheby’s International Realty Premier Client Services- Ranked Top 1% Nationally
Circle of 26 Excellence Award Recipient
See below for before and afters
After Image