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Updated about 8 years ago on . Most recent reply

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8
Posts
1
Votes
Jacinta A.
  • Tacoma, WA
1
Votes |
8
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Seller says his property is worth more than the ARV I found

Jacinta A.
  • Tacoma, WA
Posted

I have a seller who says his house is worth 87,000 because its on an acre land. I went based off of the price listed for sale in which he says its way below half what it's worth. How do I get a more accurate ARV to go off of?

Most Popular Reply

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257
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129
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Doug Woodville
  • El Cerrito, CA
129
Votes |
257
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Doug Woodville
  • El Cerrito, CA
Replied

I'm not following you when you say you went "off of the price listed for sale." Are you getting your ARV based on LIST prices? You need to be sure you're using previously sold comps to get an accurate ARV. List prices mean nothing (in this sense).

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