How to calculate AVR?

[Cara Davis]

This may be a stupid question but I have been racking my brain to figure out the answer. I am looking at several properties in my area but I cannot determine if it would be a good deal or not because I cannot determine the AVR. How does an investor go about determining this price? Is it only based on comps in the area or more based off of what you want to do to the home (fix and flip)? 

Any assistance will be greatly appreciated!