After Repaired Value
ARV is Vital to Profit
After Repaired Value - or "ARV" - is what a property will appraise for if it is in excellent condition. It is a series of calculations that simply compare properties of similar footage and year built and adjusts the comps for the differences.
Inside ARV
A solid definition of ARV is what a property would appraise for in perfect condition. That doesn't address how this is done- this is how it works.
Specs on How ARV is done
There are specific rules on how each of the fields are treated in order to determine a predictive value. It runs with market behavior - that's the thing that catches your eye.