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Updated over 4 years ago on . Most recent reply

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12
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1
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Chris Knebel
1
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12
Posts

Appraisal and ARV question

Chris Knebel
Posted

Hello,

First, is there a better / easier way to find the appraised value of a property other than doing a county records search?

Second, After Repair Value is equal to the new appraised price correct (getting an appraisal after rehab)?

Third, how can you know you will get a better appraisal after the rehab is complete? Will just doing a bunch of rehab on a beat-up property (assuming there was never big-ticket issues like mold, foundation issues) automatically equate to higher appraisal? Is there a formula in this? Seems to me the most important figure is that after repair value, but how do I calculate it accurately?

Thank you!

  • Chris Knebel
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