List Price: Lower than or at ARV ?

[Chris Cabanilla]

To all house flippers out there, do you list your house at ARV? Or do you list below ARV to create a bidding war? What are your strategies? Here is a little info on my property:

Fully renovated property. Located in Garden Grove, California. (Orange County).

1. The house is on a major street, however none of the comps on the same major street are fully renovated - and those comps sold for $575K.

2. My house is 200 sq. ft. larger than the next largest house on the street.

3. Other comps (not on the major street) sold for $630K-$670K and are still not as big as mine.

Just curious as to what you would do?