Determining AS-IS or ARV value in a correcting market
Hello all,
I live in the Montréal area which is in the process of going through a serious correction. It has changed from sellers to buyers market and housing prices are dropping rapidly (which I am thrilled about because deals are coming faster) however I am concerned that the ARV that I establish today will be too high even two or three months down the road.
How would you recommend that I proceed?