The Right Comps for Accurate ARVs

[Jewel Adgerson]

Hello All! 

My partner and I are currently looking at a property in MD and trying to calculate an accurate ARV based on our comps. There are 5 comparables; many of which were sold in the last 6 months As-is. There were a few that had significant renovations. My question is should we be looking only at homes that had top of the line renovations to get the best ARV or mixture of both?

The home has had several updates: 2 kitchens, 1 bathroom, electric, HVAC, cosmetic. But I would say they are basic level renovations.