Calculate after repair value (arv) for real estate investments and properties
Enter comparable property sales prices in the area. The calculator averages these comps to estimate the After Repair Value (ARV) of your property post-renovation.
If three similar renovated homes sold for $285,000, $295,000, and $290,000, your estimated ARV is $290,000.
After Repair Value is the estimated market value of a property after renovations are completed, based on comparable sales.
Use at least 3-5 comparable properties that are similar in size, location, condition, and sold within the last 3-6 months.
Re-evaluate the project numbers. If renovation costs plus purchase price exceed 70-75% of ARV, the deal may not be profitable.