Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

13
Posts
4
Votes
Sean Youngberg
  • Investor
  • Maryville, TN
4
Votes |
13
Posts

What is your method to determine ARV for your flips?

Sean Youngberg
  • Investor
  • Maryville, TN
Posted

So newbie here and trying to learn all I can. I've been trying to analyze some deals, but getting caught up trying to determine an accurate ARV.

I've been working on a spreadsheet I modified to do CMAs. My first problem is determine the number to use for adjustments (Age, Lot size, BRs, patio, etc). I understand no one can tell me these numbers for my market, but what did you use to learn some rough numbers for your first couple of flips? Or do you even do this type of CMA in the first place? Is this something I should be relying on my agent for?

Also, any tips for determining condition and level of finish for sold comps when there are no longer pictures posted or relevant details in the listing?

Thanks for any advice you can offer!

Loading replies...