

Tremaine Drive CHR Project Valuation Report August 2019
Tremaine Drive CHR Project Valuation Report August 2019
For the complete E-Book Valuation Report download
TremaineCompsEBook
Opinion of value and summary of sale strategy for
373 E TREMAINE DR, Chandler, AZ 85225
The total cost of the project including acquisitions, professionals, construction budget, carrying costs, sale and marketing and closing costs is $520,122.
One of our earlier Comparative Market Analyses (CMA) showed a sold price per square foot (ppsf) range of $265-$315 /Sqft, this was from March of 2019.
As you can see in the cromford graph below, the sold price in 85225 has increased steadily since week 10 of 2018. We expect the remodeled home will sell by the end of spring between $265-$315 (ppsf) using the data and comps provided on the following 2 pages
Looking at the Cromford data report for 85225, as of July 2019 there were 83 active listings which lower for the past 2 years ranging from 115 to 86 listings.
Also important to the sale of the project are the days on market and the inventory supply. Looking at the cromford data for 85225 there is currently a .08 months supply with an average of 50 days on market.
In using this data to predict the future of the timing and strategies for the sale of the home, we would expect to start marketing the house by the end of October. Allowing us over 120 days to sell and close on the project by the end February 2020.
The remodeled home will feature approximately 2089 square feet and at $250 per square foot equals $522,250.
The compatibles that use higher grade features and are move in ready home may get over $265 per square foot, which is over a $550,000 resale value. As you can see from the data and comparables, this zip code is improving as homes are being upgraded and remodeled.
Ready to Invest In AZ Real Estate?
It’s an easy 5 minute process to Sign Up
- Choose an available project from the Phoenix area map, select Click for details.
- Review project details, including the investment structure.
- Select Invest Now then you will be connected to secure online 3rd party escrow.
- Establish Residency. In order to qualify, all investors and ventures must be based in Arizona.
- Review Documentation; you’ll receive an Offering Memorandum detailing everything you need to know.
- Acceptance and verification that shares are secured.
Escrow Investments are held in a single escrow account in the bank until minimum thresholds are met. There are no fees for the escrow service and your investment can be accessed online 24/7.
If you’re ready to invest simply go to: PhixNPhlip.com, choose your project, select the INVEST NOW button and we will connect you with our third part escrow service.
If you still have questions or would like to learn more, visit our Blog see FAQ’s or submit your contact information the bottom of the website PhixNPhlip.com .
This blog should be used for informational purposes only. This blog should not be construed as legal , real estate or financial advice. If you need legal advice regarding Crowdfunding Laws, or any other litigation matters, contact an attorney in your area.