ARV in Knoxville or Cleveland, Tennessee

[Maj Valero]

Hi there,

I just got my RE sales license yesterday (finally!) and want to do wholesaling as well. I am currently researching markets I would like to focus on and got Knoxville and Cleveland, Tennesse in mind. I'd like to know the estimated ARV in these areas for houses with:

2 bds/ 1 ba

2 bds/ 2 ba

3 bds/ 1 ba

3 bds/ 2 ba

4 bds/ 2 ba

Just gathering some information for when I start cold calling leads. I'd really appreciate any help and suggestions!

[James Allen]

@Maj Valero - That's not really how it works. Specific neighborhood, property type, year built, sq footage, lot size, among other things play into the value of the house. You can't just say 3/2's go for x price in the city of Knoxville. Fully renovated single family houses that have 3 beds and 2 baths in Knoxville could go for $125,000 or they could go for $350,000. I would watch a few youtube videos on how to figure out the ARV of a house before you start moving forward with your wholesaling business.