"After Repaired Value - or "ARV" is what a property will appraise for if it is in excellent, call it perfect condition. It is a series of calculations not algorithms. Simply stated it aligns properties of similar footage and year built and adjusts the comps for the differences.   Pretty Simple. 

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.   

ARV is tricky business. Get Instant ARV