Type a property address. askARV finds recent sales of similar homes nearby, scores them, and gives you the after repair value, a max offer, and the words to walk a seller down to it.
Every comp is shown, linked and editable. Nothing hidden.
The same steps an experienced investor takes to comp a house, done for you.
askARV finds the property record: beds, baths, square footage including the basement, lot size and year built. If the size on record looks wrong, it tells you.
Recent sales within half a mile, within a size band of the subject. Cash buys, rentals and multi-unit deeds are kept out of the value.
The average price per square foot of the strongest financed sales, times the subject's size, with a range.
Repairs, your fee and the 70% rule give the max offer. The seller walk-down shows the math and the script.
Distance, months back, square footage, beds, baths, lot size and year built are all editable. Uncheck any comp and the value updates.
A mortgage means an appraiser backed the price. Cash buys are shown but left out by default, and a wholesale value comes from them.
From the seller's list price to your break-even, one cost at a time, with the words to say at each step.
ARV, or after repair value, is what a property should sell for once it is fully renovated. Investors estimate it from recent sales of similar, finished homes nearby, then work backwards to the most they can pay.
Find recent sales of similar homes close by: similar size, age and bedrooms, sold in the last 6 to 12 months, and bought with a mortgage rather than cash. Take their average price per square foot and multiply by the subject's square footage. askARV does exactly this from the address.
A common wholesaling rule: the maximum offer is 70% of the ARV, minus repairs, minus your fee. askARV calculates it and lets you change the percentage.
A financed sale had an appraiser check the price. A cash sale is often an investor buying a fixer below market. askARV shows cash sales but leaves them unchecked by default; one switch adds them back.
Public records there often have no sale prices, so askARV adds MLS sold sales near the house when public records come back thin. Coverage is thinner than in disclosure states, so always check the comps.
Yes. Distance, months back, square footage, bedrooms, bathrooms, lot size, year built and property type are all editable, and you can uncheck any comp.
More in the guide to calculating ARV.