Washington, DC · Member since 2016 · 5 posts · 0 votes
I want to do a full renovation of a 4-unit apartment building but there are no comps with similar condition in the past several years. How do I estimate ARV?
Investor · Calgary, Alberta · Member since 2016 · 168 posts · 123 votes
7y
@Lindsay Harris that's tricky. My inclination would be to have an appraiser and/or several realtors give you their opinions on ARV once you detail the renovations you're planning on doing. Are you planning on a refi or selling?