Compare House Flipping Spreadsheet vs. Strata Sum Sure in 2026

Strata Sum Sure

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Description

Featuring a comprehensive database with 24 different Scopes of Work and more than 400 common work items complete with unit pricing, the Repair Estimator will significantly enhance your capability to swiftly and accurately calculate repair costs. Leverage the Rehab Analyzer dashboard to process the financial details of the deal and determine the Maximum Purchase Price that you should propose for the property! Assess the Maximum Purchase Price that is appropriate for a rehab property based on your financial assumptions and investment guidelines. Additionally, evaluate how your proposed price aligns with the 70% Rule Formula to identify if you might be paying above market norms. Furthermore, generate polished Marketing Reports that can effectively assist you in securing funding from your business partners, investors, and lenders, ensuring you present a professional image in all your financial dealings. This tool not only streamlines your estimating process but also empowers you to make informed investment decisions.

Description

Strata Sum Sure is an innovative digital solution created by CoreLogic to help strata managers in Australia accurately determine the rebuilding costs for multi-storey strata-titled properties. By entering essential property characteristics, users receive estimates that are aligned with current market construction prices. The tool relies on verified data from national suppliers and incorporates frequent updates and expert insights from builders and insurance assessors to maintain its reliability. Strata Sum Sure is tailored to meet the requirements of various state-specific regulations that mandate adequate insurance for strata properties, thereby reducing the chances of both under-insurance and over-insurance. It streamlines the process of generating rebuild cost estimates, offering reassurance to owner corporations and individual lot owners by effectively managing financial risks associated with significant insurance claims. This ensures that property owners can have confidence in their insurance coverage and be prepared for unforeseen circumstances.