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Updated almost 12 years ago on . Most recent reply
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How do you determine a homes ARV
How do you determine the ARV on a home preferably without bringing someone else in to do it?
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Dev Horn
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Hi Javon Rice - The ARV, or "After-Repaired Value" is most easily determined if comparable homes in the area recently sold. You can compare the price paid for similar homes, and you can also determine the price per square foot that similar homes sold for - then apply that metric to the sq footage of your property.
Point is, the ARV is determined by the market, not by the individual property.