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Define the finished product first
Write down the property condition you plan to deliver after repairs. ARV should compare the future finished home against renovated sales, not the current distressed condition.
Use this ARV calculator structure to estimate a post-renovation value, explain the comparable sales behind it, and translate the number into a maximum allowable offer. It is built for investors and agents who need a defensible value range before writing an offer.
Address, beds, baths, square footage, lot size, year built, current condition, and planned repair scope
Three to six renovated closed sales that match the post-repair version of the property
Line-item changes for size, condition, location, lot, garage, basement, pool, view, and timing
Adjusted comp range with a conservative ARV, likely ARV, and stretch ARV
ARV minus repairs, selling costs, holding costs, financing, and target profit
Write down the property condition you plan to deliver after repairs. ARV should compare the future finished home against renovated sales, not the current distressed condition.
Prioritize nearby closed sales that already reflect the quality level you expect after renovation. Active listings can help show competition, but closed sales anchor the valuation.
Do not average raw sale prices if the comps differ in size, condition, garage count, lot, basement, view, or timing. Adjusted sale prices give a cleaner ARV range.
Subtract repairs, contingency, selling costs, holding costs, financing, and required profit from the conservative ARV. If the deal only works at the stretch ARV, the margin is thin.
CompIQ helps investors replace rough ARV guesses with property details, comparable sales, similarity scoring, and itemized adjustments. Property and comparable data is sourced through RentCast where available. Reports are for pricing support and are not licensed appraisals.
Run CompIQ before you offer and get comps, adjustments, confidence scoring, and buyer or investor talking points in a shareable report.
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