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Updated almost 7 years ago, 01/24/2018
ARV estimate disparity with RE Agent. What now?
I am looking at a duplex that needs a full rehab in a midwest city.
My real estate agent sent me a list of comps, and by what I can tell from recent sales, the ARV could be about $85,000.
However, I asked her for her estimated ARV number, since this is my first deal, and she came up with $165k-170k.
Now I'm a bit stuck, because this is my first comps calculation and now I'm doubting if I did it right/wrong/too conservatively.
Any help would be greatly appreciated.
Thanks!