After Repair Value (ARV)

An After Repair Value (ARV) Appraisal is a professional valuation that estimates the market value of a property after planned renovations or improvements are completed. It is commonly used by investors, lenders, and homeowners to understand a property’s potential worth following repairs or upgrades. The appraiser evaluates the current condition of the property, reviews the proposed renovation plans and cost estimates, and analyzes comparable sales of similar updated homes in the area to determine the projected post-repair value.