The ARV or After Repair Value calculator will help you estimate the market value of a target property, using the replacement cost approach. This is a quick way to see if a property is cheaper compared to buying/constructing an equivalent sized property within the same location. Check it out below.
ARV calculator using the Replacement Cost Approach
~
ARV explanation
For a detailed explanation of ARV, check out the following article:
Recommended reading
For more information on how to estimate market values of foreclosed properties, see article linked below:
Disclaimer
The results you will get above are only for quick analysis. This aims to help you avoid wasting time with those properties that are overpriced where it would be cheaper or it costs about the same to construct/buy a new equivalent property.
As always, our standard site disclaimer applies.
~~~
Did you find this calculator helpful? Any suggestions? Let me know by leaving a comment below. Thanks!
