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Updated over 6 years ago on . Most recent reply

User Stats

24
Posts
4
Votes
Caleb Godsey
  • Austin, TX
4
Votes |
24
Posts

Any tips on determining the ARV

Caleb Godsey
  • Austin, TX
Posted

Hello everyone! 

I'm getting very close to feeling comfortable purchasing my first BRRR rental property. One of the things I'm am asking for tips on is determining the ARV of a home to better assess whether or not this will be a good deal with as accurate of numbers as I can get without bringing in an appraiser.

Currently, I go to Zillow, Redfin or similar property listing tool and find the house I'm interested and view other homes in the same neighborhood/area that are similar in size/bedrooms/bathrooms/etc and then that's how I get an ARV.

Any tips on how I can be more accurate with these numbers? Thanks for the help in advance. 

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