#AskBP 012: How Do I Determine the After Repair Value (ARV) of a Property?

by | BiggerPockets.com

The ARV (After Repair Value) is one of the most important numbers to know, whether you are a flipper, landlord, or wholesaler. On this episode of the #AskBP Podcast, learn how to find the ARV through the use of comps, as well as a discussion on where to find the perfect comps for any property. Stay tuned!

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About Author

Brandon Turner

Brandon Turner is an active real estate investor, entrepreneur, writer, and co-host of the BiggerPockets Podcast. He began buying rental properties and flipping houses at age 21, discovering he didn’t need to work 40 years at a corporate job to have “the good life.” Today, with nearly 100 rental units and dozens of rehabs under his belt, he continues to invest in real estate while also showing others the power, and impact, of financial freedom. His writings have been featured on Forbes.com, Entrepreneur.com, FoxNews.com, Money Magazine, and numerous other publications across the web and in print media. He is the author of The Book on Investing in Real Estate with No (and Low) Money Down, The Book on Rental Property Investing, and co-author of The Book on Managing Rental Properties, which he wrote alongside his wife, Heather, and How to Invest in Real Estate, which he wrote alongside Joshua Dorkin. A life-long adventurer, Brandon (along with Heather and daughter Rosie) splits his time between his home in Washington State and various destinations around the globe.


  1. Darren Sager

    I still think it’s vital for you to consider the existing inventory on the market when trying to determine ARV and here’s why: If you can read the data and understand the length of time that the home has been on the market it can give you insight as to demand at that price point, along with looking at the sold property. By understanding the current available homes can help you determine where your pricing should also be to show your home as the best value. The homes with the perceived best value sell the fastest. So even if lets say there are 3 similar homes, all in the same area, school district, etc. in the same condition all priced at $350,000, and they’re all just sitting there for 180 days, you should know that if you price yours at $350,000 yours will sit there too in most cases, even if all the similar sold properties went for $365,000 or around that number. You’ll need to be priced below the others to show better value to sell your property faster. Perhaps at $339,000 or whatever need be. Also don’t forget time of the year can be a factor upon time on market.

    • Matthew Nixon

      Agreed Darren Sager. I look at actives to cross reference the value I determine from the sold comps to see if the property would be competitively priced compared to the inventory currently on the market. Also, looking at the days on market and whether property is selling above or below asking price is a good indicator of which way the market is heading.

  2. Peter Philando

    I have recently started paying attention to the listing properties when doing ARV. I have access to MLS and it is extremely useful in helping to quickly evaluate a potential deal. The average days on the market is a very good metric to note both for sold and currently listed properties when figuring ARV.

  3. Christian Laines

    2 questions.

    1. When comparing (CMA) multifamilies, for example a duplex, do you compare them to other duplexes? OR single family homes that have the same amount of bedrooms & bathrooms one unit has?

    2. So in order to get the ARV, what if the comps you find all needed work to be done, so they sold at a low price, then how do you figure out the ARV of your property?

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