ARV Calculator
Calculate the After Repair Value (ARV) for any investment property using comparable sales. Enter the sold prices of 2-6 similar renovated properties nearby, and the calculator returns your ARV estimate using two methods: simple average and per-square-foot adjustment.
Three methods to estimate ARV
- Simple Average -- Average the sold prices of comparable properties. Best when comps are similar in size.
- Price Per Sq Ft -- Average each comp's $/sqft, then multiply by your subject's sqft. Adjusts for size differences.
- Adjusted Comp Method -- Start with each comp's sold price and make dollar adjustments for feature differences (beds, baths, garage, pool, condition, age). This is what appraisers use and what Deal Run automates with AI.
This calculator uses methods 1 and 2. For the adjusted comp method (the most accurate), use Deal Run's platform.
Subject Property
Comparable Sales
Enter sold prices for 2-6 similar renovated properties in the area. Add square footage for per-sqft analysis.
What is ARV?
After Repair Value is the estimated sale price of a property after all planned renovations are complete. It's the cornerstone of fix-and-flip analysis and the starting point for calculating the Maximum Allowable Offer (MAO). Every investment decision in the flip world flows backward from ARV.
Selecting good comps
The quality of your ARV depends on the quality of your comps. Follow these guidelines:
- Distance: Within 0.5 miles, extend to 1 mile if needed. Same neighborhood or subdivision is ideal.
- Recency: Sold within the last 6 months. Extend to 12 months maximum.
- Similarity: Match property type, bed/bath count (within one), square footage (within 20%), and year built (within 10-15 years).
- Condition: Use comps that sold in similar post-renovation condition. Don't use as-is sales or luxury flips unless that matches your renovation plan.
For a detailed guide on comp selection and common mistakes, see our How to Run Comps Like a Pro guide.
What to do with your ARV
Once you have an ARV, use it to calculate MAO:
MAO = ARV × 70% − Repair Costs − Wholesale Fee
Try our MAO calculator to run this calculation, or use the wholesale profit calculator to determine your assignment fee.
Limitations of manual ARV calculation
This calculator gives you a quick estimate, but manual ARV calculation has limitations. You need to source your own comps, verify they're truly comparable, and make judgment calls about condition and adjustments. For higher-accuracy ARV with automated comp scoring and AI condition analysis, Deal Run's comp analysis pulls verified MLS and public records data, scores each comp for similarity, and calculates ARV with a median absolute error of 3.28%.