@Mark Vella Irregardless of HUD, you should run a comparative market analysis on your property and list it accordingly.

Make sure the deal stacks up when you compare it to a bank loan, agency, or any other loan opportunity.

Palm Beachs townhomes and condos market, in February 2024 was a hub of dreams and opportunities.While the numbers may appear as figures they narrate a tale of perseverance, progress and the enduring resilience of Palm BeachDespite a 10.1% decrease in sales compared to the previous year Palm Beachs real estate sector shines as a beacon of hope.Cash transactions thrived, with 66.0% of purchases made in cash showcasing that in Palm Beach dreams are not just realized but secured with certainty.The median sale price reflected prosperity at $314,000 marking a 4.7% increase from the year.

I founded a platform that helps investors find and compare hard money lenders.

I’d like to say I have a good relationship with my insurance guy and he told me it’s a fair price but I don’t have anything to compare it to. it’s a 1500 sqft up & down duplex with new roof & detached garage with basement if any of that matters.Thoughts?

The number of sales reached 764 showing an increase of 5.1% compared to the previous year.

And there's a time value of money formula or discount rate formula you can run to compare the 2 scenarios. 

@John S.I kinda got lost in my post and your example comparing to my post so I’ll start from scratch. 

@Oasis Duenas - Yes, you can always inquire with an experienced real estate agent to run a comparable analysis of the ARV under the assumption that they may list it once you are completed with the flip.You can also do it yourself. 

I currently live about a half mile away so I'll compare the results between the properties.