The estimated market value of a property after planned renovations and repairs are completed.
After Repair Value is the projected market value of a property once it has been fully renovated to comparable market standards. ARV is critical for fix-and-flip and BRRRR (Buy, Rehab, Rent, Refinance, Repeat) investors who profit from the value uplift created by renovations. ARV is typically estimated using comparable sales of recently renovated properties.
Maximum Offer (70% Rule) = (ARV × 70%) − Repair CostsMany investors use the 70% rule: maximum offer equals 70% of ARV minus expected repair costs.
You're considering a fixer-upper. Comparable renovated homes in the area sell for $300,000 (your ARV). Estimated repairs are $40,000. Using the 70% rule, your maximum offer is ($300,000 × 0.70) − $40,000 = $170,000. This builds in margin for holding costs, financing, and profit.
Richify automatically calculates after repair value (arv) and other key real estate metrics for every property in your portfolio. Instead of plugging numbers into spreadsheets, you get instant analysis with built-in AI-powered insights to help you spot trends and opportunities across your holdings.
Recent sales of similar properties used to estimate a target property's market value.
The process of determining a property's market value using one or more standardized methods.
The increase in a property's market value over time.
A US tax provision allowing investors to defer capital gains taxes by reinvesting sale proceeds into a like-kind property.
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