After-repair value is the resale value a property should support after renovation. Estimate it from sold comps, adjust each comp for real differences, then average the adjusted values before you run the 70% Rule, Max Bid, or Deal Analyzer.
No account. No signup. No credit card, ever.
Average adjusted sold comps = after-repair value
| Comp | Sale price | Adjustment | Adjusted value |
|---|---|---|---|
| Comp A - renovated 3/2 | $235,000 | +$10,000 | $245,000 |
| Comp B - larger lot | $255,000 | -$5,000 | $250,000 |
| Comp C - same block | $242,000 | +$8,000 | $250,000 |
Estimated ARV: $248,333
Start with recently sold comparable properties, adjust each comp for condition, size, bed/bath count, garage, lot, timing, and location differences, then average the adjusted comp values. Use conservative comps before you calculate max bid or repair profit.
No. ARV is an estimate of resale value after repairs, based on adjusted sold comps. Listing price is only an asking number. For distressed deals, sold comps matter more than active listings.
Use at least three strong sold comps when possible. The best comps are nearby, similar in size and layout, recently sold, and close to the condition your property will have after repairs.