After Repair Value (ARV)

After repair value (ARV) is the estimated market value of a property once all planned renovations or repairs are complete. It is the projected resale price a flipper or investor expects the finished property to command.

ARV is usually derived from comparable sales — recently sold, similar properties in the same area — adjusted for the condition the property will be in after the work. It anchors the core math of a flip.

The deal only works if the purchase price plus renovation cost, financing, and holding costs leaves room under the ARV for profit. Getting the renovation-cost side of that equation right depends on an accurate estimate, which is where Quotr helps.

For house flippers and investors, ARV is the number every other figure is measured against. For lenders, it is a key input in deciding how much to lend on a project.