Accurately Estimate Before & After Values of Your Next Fix & Flip Home

Fix & Flip tips: How to determine what your Colorado home will be worth after you fix & flip it.

The definition of a "fix & flip" is when you buy real estate in need of repair or updating, with the intent of fixing it, and quickly turning around and selling it (flipping) with the intent of making a profit.

Knowledge is power, and with a professional real estate evaluation and home inspection, you will have the knowledge to make an informed decision on each property.

The hardest part with such speculative investments is just that -- it is speculating on what it will be worth after you do the work. It is said that you can get as much as 115% back on kitchen remodels, 125% on room additions, and 90% to 105% on bathroom remodels. Unfortunately, you'll need to be more thorough in your evaluation in order to be a successful investor in the competitive Colorado real estate market.

AutomatedHomefinder.com provides a free home evaluation tool that will allow you to determine in an objective fashion whether or not a home might be worth enough to justify your time, work, and money that you might be dumping into that piece of Colorado real estate.

All you need is to follow the simple step by step instructions, and evaluate the home on its current merits. In other words, determine what it is worth as-is. Once you have done that, you can forecast what the home might be worth AFTER you do all of that work. (For example, if you're thinking of buying a Colorado home that is currently a "5" on a scale of 1 to 10, and you plan on doing some remodeling that will make it a "9".) Simply change the condition of the home after you've done the work, and AHF's real estate evaluation tool will automatically forecast what the home should be worth after your fix-up! If you're thinking of fixing up a home that would have great views except for the tiny windows, simply adjust the ranking for "views", and voila -- you'll have an estimate of the home's worth after your fix-up.

Fixing and flipping is a very speculative business, but with tools like our Automated Home Evaluator, hopefully it can be less speculation, and more potential profits!