Post rehab Appraisal

[Rami Khaldi]

Hi All, i recently acquired a brrrr property that will need lots of cosmetic work, no foundational issues. I got a great ARV appraisal before the rehab started. Around $20K north of the high end my agent and contractor expected me to get. Im being told that another ARV will take place post-rehab.

Can anyone share their experiences with me on post rehab appraisals and if they typically align to the ARV appraisal as well? Im nervous that we got lucky with the first appraisal and the second one will come back much lower. Makes it tough to forecast what i'll be able to pull out. If i have the same appraisal #, i'll be through the moon.