| Metric | Value | Basis |
|---|---|---|
| Median home value | $1.45M | Assessor FCV, 2026 |
| Resale / sqft | $605 | recorded sales |
| Real build / sqft | $375 | grossed-up median |
| Permits analyzed | 850 | since 2020 |
Why Arcadia is a renovation market, not a moving market
Arcadia is the rare Phoenix neighborhood where the lot is worth more than the house. Carved out of 1920s citrus groves between Camelback and the canal, most blocks still carry flood-irrigation rights, so the lots are deep, green, and shaded by mature trees — and the original homes are 1950s Hallcraft and custom ranches that are small and dated relative to what the land can now support.
That gap is exactly why renovation, not relocation, is the move here. With a median home value around $1.45M and resale values near $605/sqft against a build cost closer to $350/sqft, a well-scoped addition or gut manufactures equity instead of spending it. The 84% of permitted Arcadia homes built before 1980 are the canvas; the Hopi Elementary feeder boundary and Camelback proximity are why the ceiling keeps rising.
- Lot value far exceeds structure value — additions and gut renovations capture that gap as equity.
- Resale near $605/sqft against ~$350/sqft build cost means most well-scoped projects appraise above cost.
- Selling to trade up resets a sub-4% mortgage to today’s ~7% and burns 6–8% in transaction costs — renovating keeps both.
- Pre-1980 housing stock on irreplaceable irrigated lots: the highest and best use is almost always improve, not move.
What Arcadia homeowners build with us
We focus on projects in the $300K–$2M range — additions, gut renovations, and casitas, not single-room remodels.
- Primary suite addition ($250K–$400K) — A 400–700 sqft primary suite on a 1950s ranch — the classic first Arcadia project.
- Whole-home renovation ($300K–$900K) — Mid-level gut to full reconfiguration, keeping the footprint and the irrigated lot.
- Major addition + remodel ($350K–$650K) — Add square footage and bring the rest of the house up to the new standard.
- Detached casita / ADU ($250K–$450K) — Guest house, studio, or multigenerational suite on the deep Arcadia lot.
- Full gut / custom-level rebuild ($700K–$2M) — Take a tired ranch to custom-build finish at roughly $400+/sqft and a ~$690/sqft ceiling.
One team, one locked plan — the whole renovation
- Design, at cost — architectural plans, 3D renders, and a permit-ready set, handed over at cost as the first deliverable. None of our margin lives in the paper.
- ARV-based financing — loans against your home’s after-repair value, behind your existing first mortgage, so your low locked rate stays untouched.
- Permitting & HOA/ARC — city permits and any HOA or architectural-review submittal designed for and managed up front, never a mid-build surprise.
- A vetted contractor — a scope-locked, pre-funded, permitted project handed to a vetted general contractor; no lead-gen marketplace, no bid roulette.
- Milestone-verified build — geo-tagged photo and video draws replace the bank inspector; you watch progress on a dashboard while we run the project.