Whats my house worth?

[Jonathan Larson]

I am helping my Dad sell his house. He wants to find an investor who will pay cash so he doesn't have to deal with a realtor. It was meant to be an investment but turned out to be quite the money pit and the tenants didn't leave it in the best condition. He would like to get it off his plate but I want to make sure he doesn't get ripped off.

A realtor told him the ARV was around 205k but as is would be about 130k. With some TLC (carpet, paint, cleaning, etc) it might sell for 160k. Needless to say, these are estimates that probably need some nailing down.

Is the next step to get a contractor to help estimate repairs? How much is fair to pay someone to give a solid repair estimate? Like I said, I just want to make sure its priced fairly for all parties.

Also, if more info is needed, let me know. The house is in the Ogden, UT area.