After Repair Value - How to Calculate Value?

[Lidicce Rodriguez]

Hey Guys !

I am new to the Bigger Pockets website but have been following the podcast and videos on you tube for quite some time now.

I'm interest in Fixing and Flipping but the one thing I can't seem to get any specifics on is calculating the ARV and how to figure out what kinds of improvements are valuable and worth it versus improvements that are not.

How do I know the house is going to be worth X amount of $'s more when I add a bedroom or garage?

For Example:

If I had to choose between adding a bedroom or re-doing the laundry room/expanding closet space.

How would I know which one is going to  be more valuable over the long term?

I hope my question makes sense.

look forward to hearing from you guys.