Connecting with local contractors or experienced investors in your area is also very helpful for getting accurate numbers.For ARV you’ll want to look at comps; You can start on Zillow or Realtor.com but I highly suggest connecting with a local agent.

Is this accurate?

Thank you, Scott, for your thoughtful and detailed response!

There's a big swing here in insurance and tax calculations I see and getting those numbers accurate are critical for your ability to not miss on good deals

Quote from @Mark Wooldridge: A super concise and accurate summation of the SFR & MF property market - only thing I could add to that is how extremely low interest rates (historically) caused valuations to increase at a faster rate than they would have otherwise. 

I know there's a lot of details missing to actually give an accurate answer.

If you are like me, you are shocked and in disbelief that figure is accurate.

As for the project, I assume Current is doing the horizontal development and will sell the improved lots for vertical construction, is that accurate?

The real estate agents who are knowledgeable and doing a lot of deals each month will be the ones who can get you these accurate numbers.

I feel that MLS is not accurate because not all property managers put them in.