Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 17 years ago,

User Stats

65
Posts
0
Votes
N/A N/A
0
Votes |
65
Posts

calculate ARV in depressed area

N/A N/A
Posted

dont know what made me think of this but here goes. is there any simple way to calculate the ARV of a property thats in a run down but should be up and coming area where most of the surrounding houses are in the same disrepair? obviously nobody is going to want to try and rehab a house and sell it for say $100k in an area where all the rest of the houses on the block are only worth $30k at the moment. so how do you adjust for that when making your offfer?

I think I just discovered my answer lies within my question but WTF i'll throw it out here anyway