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![]() The formula that the appraiser will use to calculate ARV is quite simple. Based on those comparable properties and the differences or similarities to the property in question, the appraiser will then determine the property’s after repaired value. ![]() Appraisers will then find properties in the neighborhood that are comparable to the property after the planned repairs and improvements are completed. The appraiser will look at the repairs on the list, like adding square footage, adding a bathroom, or moving walls to change or improve the layout of the house. To calculate ARV, an appraiser will go and look at the property to determine its current value, and then the value after it is repaired, based on a repair list submitted by Rehab Financial. ARV takes the value of the final rehabbed property into consideration and serves as a way to determine how much money you should put into an investment. ![]() If you’re thinking about flipping a property, you might be wondering “what does ARV mean?” as you come across the term in your preparation. The After Repair Value is the value of a property after it has been rehabbed, not in its current condition. ![]()
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