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Updated about 15 years ago,
Help with ARV!
I need a little assistance with doing some deal analysis on some properties that I am looking to wholesale. I know how to arrive at the price I should purchase the property for but I am having an issue calculating what the ARV is going to be so I can set an attractive selling price to get the property sold quickly.
Should I base the ARV soley on the price of other properties sold in the area within the last 6 months?
Should I be looking at square footage, etc?
Is Zillow a good measure for the value?
Any help and advice will be greatly appreciated!