What Does ARV Mean in Real Estate?

What Does ARV Mean?

In real estate, ARV stands for "After Repair Value." This term refers to the estimated value of a property after it has undergone necessary repairs and renovations. ARV helps real estate investors calculate the potential profit margin by estimating the property's market value post-rehabilitation. This calculation helps determine the feasibility and budgeting of a renovation project to ensure that the investment will yield a favorable return.

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