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Updated about 7 years ago on . Most recent reply

User Stats

38
Posts
3
Votes
Shahdan Calcuttawalla
  • plano, TX
3
Votes |
38
Posts

Finding ARV of Homes by Zip

Shahdan Calcuttawalla
  • plano, TX
Posted

Hello

Are there any websites out there that show you the ARV of in a particular Zip filtered by number of Bedrooms.

Most Popular Reply

User Stats

15
Posts
17
Votes
Bruce Glenn
  • Investor
  • Birmingham, AL
17
Votes |
15
Posts
Bruce Glenn
  • Investor
  • Birmingham, AL
Replied

I'm an appraiser in the Birmingham area and flip houses here also. Like Casity said, I would prefer to have someone that knows the area to actually pull comps for you. Being an appraiser I obviously do all my own research, but I know a lot of great Realtors that can do what you are looking for. I also would be hesitant to go by zip code. For instance, I flipped 2 houses in a small 10 block radius last year. I knew a 3/2 with basement maxed out in the $225,000 to $230,000 range. I was able to buy 2, each for under $100,000 and sold both in the $235,000 range. I do my houses pretty nice and push the values in the neighborhoods I am in. I mention this to say, there are houses within 1 mile of mine that are in the same zip code and sell for $100,000 more and then in the other direction sell for $75,000 less when fixed up. If I just pulled zip info, I would never have gotten my little neighborhood values right. 

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