RenewGroup
Value-add single-family

Flips in Boise

Value-add single-family across the Bench and SE Boise submarkets. Entry-basis discipline is the margin in 2026. Bench entry-level ARV $380K–$445K; North End premium $780K–$1.1M+.

Market snapshot

Flips in Boise by the numbers. Sourced and dated.

Every figure carries source, date, geography, and confidence. Click through to verify any single data point.

Verified· Boise
$495,000
Median sale price
Verified· Boise
$310
Median price per square foot
Verified· Boise
26 days
Days on market
Verified· Boise
-1.0%
Year-over-year price change
Renew analysis· The Bench
$380K–$445K
Bench flip ARV range
Renew Internal Analysis· Apr 2026Based on Q1 2026 closed comps for renovated 3BR/2BA 1,400–1,600 sqft properties
Renew analysis· North End
$780K–$1.1M+
North End premium flip ARV range
Renew Internal Analysis· Apr 2026Based on Q1 2026 closed comps for renovated properties with historic character preservation

Renew takes

Our read on this play. Interpretations, labeled.

Renew's internal analysis of where the edge sits, where it doesn't, and what to watch.

Renew take:
Scope discipline beats speed. The Bench and SE Boise reward tight renovation budgets with predictable exits. Over-improvement in these neighborhoods compresses margin faster than extended hold time.
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Renew take:
Mechanical systems drive buyer confidence. HVAC, electrical panel, and water heater replacements signal institutional-grade renovation to retail buyers. Cosmetic-only flips face appraisal resistance in the current rate environment.
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Renew take:
Permit timelines vary by project type. Structural modifications requiring engineering review add 4–6 weeks to City of Boise permit approval. Cosmetic-only projects with no structural changes clear in 7–10 business days.
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Renew take:
Contractor availability tightened post-2024. Reliable framing and electrical subcontractors now require 3–4 week lead times for project starts. Pre-negotiated contractor relationships determine flip velocity more than acquisition speed.
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Renew take:
Exit strategy flexibility matters. Properties that pencil as both retail flips and rental conversions provide downside protection if market absorption slows. BSU Area and The Bench support this dual-exit approach.
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Risks & constraints

Where the floor is. And what to verify.

Named risk patterns for this asset class. Underwrite against them.

operational · high

Under-scoped mechanical systems

Deferred HVAC, electrical panel, or water heater replacement creates buyer inspection objections and appraisal flags. Retail buyers in 2026 expect full mechanical documentation. Skipping these replacements to preserve margin extends DOM and invites price reductions.

regulatory · medium

Permit delay on structural modifications

Projects involving load-bearing wall removal, foundation work, or second-story additions require engineering review by City of Boise. Review timelines extend 4–6 weeks beyond standard permit approval. Budget 8–10 weeks total from permit submission to approval for structural projects.

Reference →
regulatory · high

Historic overlay interaction in North End and East End

Properties within Boise's historic districts face Design Review Commission approval for exterior modifications. Approval timelines add 6–8 weeks and require period-appropriate materials. Non-compliant renovations face stop-work orders and mandatory restoration.

Reference →
market · high

Over-improvement relative to neighborhood comps

Renovation budgets exceeding $75/sqft in The Bench or SE Boise rarely recover full cost at sale. Buyer expectations in these neighborhoods center on functional updates, not luxury finishes. Appraisals compress when comparable sales don't support premium pricing.

For investor

Criteria-matched flip opportunities

Direct owner contact on distressed properties meeting your underwriting standards. Every deal reviewed with the same rigor our own capital would demand.

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Live from Supabase · 6 metrics · 5 takes · 4 risks · 0 ordinancesDraft