formula to determine ARV - Posted by bhagan

Posted by Heather -Tx on October 27, 2003 at 17:48:08:

Your ARV would be simaler comps in the area. Same sq ft, beds/bath, style. Use actual sales, not what they are listed for. This is the only way to get a true ARV.

Heather

formula to determine ARV - Posted by bhagan

Posted by bhagan on October 27, 2003 at 17:31:53:

Does anyone have a good formula for determining a properties ARV? The increase in value of a property will generally be more than the cost of repairs. I am curious if anyone has come up with a good formula or procedure for determining the ARV while prescreening a deal.

Thanks

B