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Updated over 5 years ago on . Most recent reply

Brian Caulfield's profile image
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Brian Caulfield
  • Member since Jul 29, 2019
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21
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Brian Caulfield's profile image
Brian Caulfield's profile image
Brian Caulfield
  • Member since Jul 29, 2019
Connect
Brian Caulfield
9
Votes |
21
Posts
Rehabbing & House Flipping

How do you project FMV after a rehab?

Brian Caulfield
Posted

Newbie here trying to learn as much as I can.

How do you project what your FMV will be after a rehab/renovation?

Example, say a property is on the market for $100k. You look at it and estimate repairs to be $50k but you know after this it will be worth $200k. Obviously you can compare to the near by market to estimate, but can you get to a more accurate number? And if so, how do you get an accurate number?

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