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Updated over 16 years ago on . Most recent reply

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97
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20
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Andre Green
  • Investor / Agent
  • NY, NY
20
Votes |
97
Posts

Help with ARV!

Andre Green
  • Investor / Agent
  • NY, NY
Posted

I need a little assistance with doing some deal analysis on some properties that I am looking to wholesale. I know how to arrive at the price I should purchase the property for but I am having an issue calculating what the ARV is going to be so I can set an attractive selling price to get the property sold quickly.

Should I base the ARV soley on the price of other properties sold in the area within the last 6 months?

Should I be looking at square footage, etc?

Is Zillow a good measure for the value?

Any help and advice will be greatly appreciated!

Most Popular Reply

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216
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112
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James Harkness
  • Real Estate Lender
  • Philadelphia, PA
112
Votes |
216
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James Harkness
  • Real Estate Lender
  • Philadelphia, PA
Replied

Don't use zillow to measure value.

How are you coming up with the price you should contract the property for if you don't know the ARV of the property?

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