Free After Repair Value (ARV) Calculator
Estimate the after-repair value of a property by using comparable sales data and planned renovation improvements to project the finished market value.
Estimated After-Repair Value
$330,750
Estimated After-Repair Value vs Average Comp Price Per Sq Ft
Understanding After-Repair Value
ARV is the estimated market value of a property after all planned renovations and repairs are completed. It is a cornerstone metric for house flippers and BRRRR investors.
Formula
ARV = Average Comparable Price Per Sq Ft x Property Sq Ft x (1 + Condition Adjustment)
How to Find Comparables
The 70% Rule
Many investors follow the 70% rule: Maximum Purchase Price = ARV x 70% - Rehab Cost. This leaves a margin for profit and unexpected costs.
Example Calculation
A 1,800 sq ft property with comps averaging $175/sq ft, a 5% positive condition adjustment, $200,000 purchase, and $45,000 rehab budget.
- 01Base comp value: $175 x 1,800 = $315,000
- 02Condition adjustment: $315,000 x 1.05 = $330,750
- 03Estimated ARV: $330,750
- 04Total investment: $200,000 + $45,000 = $245,000
- 05Potential equity: $330,750 - $245,000 = $85,750
- 06Investment-to-ARV ratio: $245,000 / $330,750 = 74.1%