Getting Better at Calculating ARV

[Damian Walker]

I want to get better at calculating ARV by being able to factor in any adjustments that i may need to make to my numbers.

whats a good eqution, or method, for doing this?

im actively researching as i type this post and something that i've come across is finding the AVG SOLD PRICE and the AVG SQFT of properties in the same area of my subject project and dividing the 2 numbers (AVG SOLD PRICE / AVG SQFT) to get the AVG PPSF

then, take the AVG PPSF and multiply that to the SQFT of the subject property to get the ARV.

Would this calculation be a good method to better estimate the ARV of a property?

what methods, or calculations, do you use?

or am i simply overthinking this? lol