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Updated over 1 year ago on . Most recent reply
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What is the best tool to use for calculating ARV?
What is the best tool to use for calculating ARV?
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At the end of the day, ARV is determined by what the buyer is willing to pay. Utilizing a RE Agent that will eventually be listing the property is a great way to learn the art of coming up with an ARV. Make sure your Agent works with investors, or even invests themselves. There are so many factors that go into coming up with a value. Draw a half mile radius and gear down the bed/bath count, square footage, garage size. From there, assess how updated the finishes are. You can always start with Zillow, Realtor, etc., but do not take them face value.