Q: Am I doing this right?

[Yutaka Tso]

calculating the ARV using similar sold comps;

1). Price on sold home/sqft = $X p/sqft 

2). Finding the Average $/sqft for each sold comp

3). Comps Average $/sqft x my properties sqft = ARV estimate

4). Finding the target price for deal.

5). ARV - Repairs x 6% - fee, closing cost, resell fee = target price.

How did I do? Also would you suggest I raise the sqft on comps by 200sqft to get a better estimate? I would try and keep the same similar specs. 

But what do y’all think? My apologies if this doesn’t make sense. Also leave a vote if you think I’m on track. Thanks :)