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Updated over 2 years ago,

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3
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1
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Steve Pratt
1
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3
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How to estimate ARV for a house with no Comps?

Steve Pratt
Posted


I have an opportunity to flip a house located in the countryside (complete interior renovation required). Unfortunately, I cannot find any comps on the MLS, RPR, or Zillow to ascertain the ARV. I am apprehensive about acquiring this property due to the possibility that it won't sell for a profit and that it won't make a good rental property. Is it worth getting an appraisal? Would it be better to list the property as-is (I hold a real estate license in NC)? What other solutions are available to maximize profitability?

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