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Updated about 6 years ago,
WINTER GARDEN ARV PRACTICE
ARV CALCULATION EXCELI tried calculating the ARV for the 14759 BETINA STREET, WINTER GARDEN, Florida 34787. I am not interested in this property because I don't like location. I just wanted to practice calculating ARV for future deals in WG. I know that the distance in my subject and comps are not ideal, but since this is only practice please ignore.Assuming the properties are 1/2 - 1 mile away in distance how accurate is my ARV in your experience?
Additional questions:
1. By how much ($ amount) does ARV change for every decade difference in year built between subject and comp?
2. By how much ($ amount) is the difference of a property that is poor vs average vs good vs excellent in WG?
3. By how much ($ amount) is a property ARV increased or decreased by having (or lacking) additional bathroom?
Please see attached or link below.
https://docs.google.com/spreadsheets/d/1SvPXqW-ZokszgUp5Th4ecDbThOmG34BiprwQU-breyM/edit?usp=sharing
Thank you,