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Updated almost 5 years ago,
How do you determine a home’s potential value after renovations.
I am a first time home buyer. I have been pre approved and am looking for potential homes to flip. However I am struggling trying to determine what the resale value of a home would be after renovations. I have checked everything I can on the home including property appraisers, recent home sale values, and tax records. I just want to make sure I am making the correct evaluation and am curious how you guys would determine a potential purchases ARV. Any input would be appreciated. Thank you.