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Updated almost 5 years ago,
How to run comps to determine ARV.
Hello everyone!
I'm having trouble running comps to determine the ARV of a home. Does anyone have any tips or techniques you use to determine ARV? It's hard to find perfect comps in terms of rooms, bathrooms, garage, etc. I'm not sure how to figure out how much value is added from lets say an extra room or an extra bathroom. I know it depends on the market but like I said Id like to know if there are any techniques or tips you guys are using.