Free tool — ARV calculator

ARV calculator.
After repair value, from comps.

After repair value is what the house sells for once the work is finished — and it is not a number you guess. This after repair value estimator uses the method an appraiser starts with: take sold comparables, adjust each one toward your subject, reduce them to dollars per square foot, and apply the average to the square footage you are buying. Every step is printed so you can check it against your own comps instead of trusting a black box.

sold comparables
comp A
adjustment: add when the comp is worse than your subject, subtract when it is better.
comp B
adjustment: add when the comp is worse than your subject, subtract when it is better.
comp C
adjustment: add when the comp is worse than your subject, subtract when it is better.
subject property
haircut trims the estimate for the things $/sf cannot see. rehab budget is optional — it only drives the 70% offer line.
indicated ARV · estimate
$231,390
adjusted avg $159.58/sf × 1,450 sf
each comp, adjusted
comp A
$228,000 + $6,000 = $234,000 ÷ 1,400 sf
$167.14/sf
comp B
$245,000 − $5,000 = $240,000 ÷ 1,550 sf
$154.84/sf
comp C
$232,000 + $0 = $232,000 ÷ 1,480 sf
$156.76/sf
adjusted average
mean of 3 comps
$159.58/sf
follow the arithmetic
indicated ARV
$159.58/sf × 1,450 sf
$231,390
haircut (5%)
the margin $/sf cannot see
− $11,570
conservative ARV
the number to underwrite with
$219,821
MAO @ 70%
$219,821 × 0.70 − $35,000
$118,874

Every figure above is an ESTIMATE built from the comps you typed. An appraiser weighs far more than dollars per square foot — location and street, lot size, age, layout, and true condition — so treat this as a starting point for your own underwriting, not a valuation.

ARV · 101

One number.
Every decision.

ARV sets the offer, the loan, the budget, and the exit. Get it wrong by 10% and the whole deal moves with it — which is why the estimate below shows its work instead of handing you a figure.
01

What ARV decides.

Maximum offer, rehab budget, lender proceeds, and profit all hang off after repair value. A flip priced on a $250,000 ARV that appraises at $225,000 loses the entire margin. The full method walkthrough covers the judgement calls this form cannot make for you. Underwrite the number you can defend to a lender, not the one that makes the spreadsheet look good.

drivesyour max offer
drivesrefinance proceeds
drivesthe whole margin
02

Picking real comps.

Same submarket — ideally the same few streets, never across a school boundary or a highway. Sold in roughly the last six months. Similar size, age, bed and bath count, and the finish level your rehab will actually reach. Three tight comps beat six loose ones: every mile and every month you stretch is another adjustment you are guessing at.

distancesame submarket
recency~6 months
sizewithin ~20%
statussold only
03

The expensive mistake.

Using active list prices, or the number the deal needs to work. Asking prices are opinions; only closed sales are evidence. Padding ARV to force a spread is the first domino in most failed BRRRR deals — the appraisal comes back low, the refinance leaves cash trapped, and the shortfall was decided months earlier on this one line.

neveractive list prices
nevera wish number
alwaysclosed sales
FAQ

Before you offer.

Straight answers on what an ARV estimate is worth, where the method breaks down, and what it is not.
— The method —
How do you calculate ARV?
Take three or four recent sales near the subject, adjust each price for condition and features, divide by each home's square footage, average the results, then multiply by your subject's square footage. That product is the indicated after repair value.
— By address? —
Can I get an ARV by address?
A number pulled from an address alone comes from an automated model over public records — it cannot see a renovation that has not happened yet. Verleon AI pulls comparable sales and computes ARV on listings in the deal feed, as a starting point for underwriting, never a valuation.
— Good comps —
What makes a comparable sale usable?
Sold, not listed. Same submarket. Closed within about six months. Similar square footage, beds, baths, age, and lot — and similar finish once your rehab is done. Anything further out needs adjustments so large the estimate stops meaning much.
— Versus an appraisal —
Is this the same as an appraisal?
No. This is an estimate. An appraiser weighs location, lot, age, layout, and true condition and defends one figure; dollars per square foot is a single input. Use the estimate to decide whether to keep digging, then let an appraisal or a broker price opinion set the value.
Live · all 50 states

Comps and ARV on every listing.

Verleon AI pulls comparable sales and computes ARV on listings in the deal feed, then scores each one against your buy box across all 50 states — so the estimate arrives with the listing instead of costing you an evening of research. Once you have an ARV, price the rest of the project with the fix and flip calculator.

Not investment advice. Verleon AI provides analytical tooling for real-estate professionals. Underwriting outputs (DSCR, cap rate, Section 8 FMR estimates, scores) are modeled from public and licensed data and are not a substitute for independent due diligence, legal counsel, lender pre-approval, or licensed appraisal. Past performance is not indicative of future results.