How to determine ARV (after repair value)

[James M.]

I am interested in knowing how to determine ARV. I don't seem to do a good job at it. I know there is Zillow, but the zestimate seems to come in too high. Also there seems to be foreclosure sales bringing the price down. If anyone could help that would be great

[Mary B.]

Originally posted by @James M.:

I am interested in knowing how to determine ARV. I don't seem to do a good job at it. I know there is Zillow, but the zestimate seems to come in too high. Also there seems to be foreclosure sales bringing the price down. If anyone could help that would be great

Go to realtor.com and punch in the zip code or full address of the subject property, choose sold, then use the drop down box and selected latest sold. This way you get the best ARV of the most recent sold properties in that area.

Kudos,

Mary