After Repair Value  (ARV)

Determining a realistic value is truly foundational to the financial outcome of the project. Coming to this number is a bit of a judgment call, but it should be based on facts. In this service, we consider what homes in the area have sold for in the recent past, the condition of the neighborhood, how this property fits in the neighborhood, access to transportation, proximity to retail stores, restaurants, entertainment, schools, and employment hubs. All key factors to determining the ARV. The weighting of these factors is related to the target demographic of the prospective future buyer that will consume the results of the project, such as whether the home will be sold to first-time home buyers, families in need to upsize, families in need of downsizing, long-term lease, or short-term rental. All of these are considerations in determining an accurate ARV. Through this service, we provide you insight in these factors.