Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98101 | $469,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$469,000
$724/sqft
Bid $
$358,443
Max bid / MAO
Room
~$110,557 over max bid · 24% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$81,489
$126/sqft
ARV
$407,939

Clearance (C) — bid physics. C = Bid $ ÷ Ask. We don't mint fake CLEARS. CLEARS · BID TARGET · WALK

Free: tape numbers + 3 Bid Checks/mo. Pro $15/mo: unlimited Bid Checks · streets + Deal Architecture.

Deal Architecture · Pro

Bid $ $358,443 · Ask $469,000

Walk-away max bid is free above — same math as the Bid/Pass Tape. Live waterfall, health, controls, and rehab bands unlock with Pro. We do not show a hollow OUR EDGE with empty dashes.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft648 sqft
ARV$407,939
List− $469,000
Rehab− $81,489
Gross profit$-142,550

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 98101

Street locked · 98101 · CONDOS $450,000 · 652 sqft
Street locked · 98101 · CONDO $923,500 · 669 sqft
Street locked · 98101 · CONDOS $318,000 · 606 sqft

Net pro forma

Includes closing costs & 3.57-month carry

Buy closing (2%)$9,380
Holding carry$18,015
All-in capital$577,884
Sell costs (6%)− $24,476
Net proceeds$383,463
Net profit $-46,982
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $81,489

Baseline notes

Investor scope checklist

  • ▸Kitchen cabinets/counters are primary value-add
  • ▸Flooring and paint drive resale perception
  • ▸Exterior curb appeal strongly impacts ARV
  • ▸Mechanicals assumed functional; verify on inspection

Renovation budget

Total: $81,489
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (648 sqft × $3.00) $1,944
Flooring — Hardwood Refinish (648 sqft × $4.50) $2,916
Contingency (15%) $10,629

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Stable

No enrichment data.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
15/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
648
Zip
98101

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

WALK Street locked · 98101

Street locked · 98101

Seattle, WA 98101

Ask$599,000
Bid $$477,077
Room~$121,923 over max bid · 20% of ask
WALK Street locked · 98101

Street locked · 98101

Seattle, WA 98101

Ask$519,000
Bid $$402,181
Room~$116,819 over max bid · 23% of ask
WALK Street locked · 98101

Street locked · 98101

Seattle, WA 98101

Ask$329,000
Bid $$228,029
Room~$100,971 over max bid · 31% of ask
WALK Street locked · 98101

Street locked · 98101

Seattle, WA 98101

Ask$593,600
Bid $$472,183
Room~$121,417 over max bid · 20% of ask
WALK Street locked · 98101

Street locked · 98101

Seattle, WA 98101

Ask$265,000
Bid $$168,407
Room~$96,593 over max bid · 36% of ask
← Bid/Pass Tape