I'm doing rehab on a duplex where I'm adding 692 sqft of livable space. I'm trying to identify an estimated ARV. Should I use comps in the area as a ballpoint or are their other useful strategies?
Real Estate Agent · Member since 2018 · 209 posts · 115 votes
6y
Hi Coretta! Adding 692 sq feet is amazing for any home!! I would try to find comps that have similar details to the property once completed including # of bed/bath, square footage, similar neighborhoods, etc. Depending on your duplex, you may be able to increase your rental cash flow as well if you add another bedroom to your units.