ARV Assessment
What is an ARV assessment?
Whether you’re looking to fund, staff, or manage a rehab, understanding your ARV assessment is the key to a successful experience. It is the lens any RE professional will use to evaluate your rehab projects. An ARV (After Rehab Value) assessment is an independent review of potential benefits expected upon the completion of a residential construction project. It is a purposeful attempt to identify and document….
- Major Build Concerns
- Scope of Work
- Rehab Budget
- Contractor / Vendor Resources
Who could benefit?
The primary benefactors would be any buyer or funder interested in successfully developing real estate such as:
- Property buyers looking to assess ARV before finalizing a purchase;
- New Investors seeking a second opinion on project costs; and
- PMLs looking to audit the progress of ongoing projects.
What is needed to get started?
There are a few items that, while are not required, would contribute to the overall assessment. These items are:
- Project Exit Strategy;
- List of known concerns & planned improvements;
- The Home Inspection Report;
- The Property / Lot Survey; and
- The Toxic / Mold / Hazardous Material Test Reports.
Contact Us and get started today with a free 30 minute consultation.
