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Updated over 5 years ago,
How to Determine ARV with no comps
My partner and I are looking at a property to wholesale and while we were running the numbers, we couldn't find any properties nearby that matched the specs on the property in question.
Property 1: 5 bd/2 br. 1900 sqft
Closest comp: 3 bd/2 br, 1888 sqft.
How do we approach calculating the ARV at this point?