What might 123 Main Street be worth in 5 years?
Five-year band: $1.05M to $1.18M, mid at $1.12M. Returns are credible without being heroic.
Range comes from Belmar's sale-pair appreciation since 2022 (averaging 3.4%/yr) plus a regime adjustment for the cooling seen in the last two quarters. The high end assumes momentum re-accelerates; the low end assumes mild cooling continues.
Reno upside is not modeled here. Refreshing exterior siding + windows ($30–50K invested) would lift the upper-band materially — that's a separate read.
Interactive projection chart, assumption levers (regime, rate, comp drift), and the bull/bear/base scenarios are in Scout.