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After Repair Value
Welcome to Home Point Appraisal, Your Trusted
Real Estate
After Repair Value
Appraiser
An After Repair Value (ARV) Appraisal estimates the fair market value of a property as if planned renovations were already complete, rather than its current as-is condition. ARV reports support fix-and-flip investors, BRRRR strategy investors, and the hard money and private capital lenders who underwrite loans based on the property’s projected post-renovation value. The methodology combines the documented scope of repairs with comparable sales of similar completed properties.
High Volume, Deep Lender Relationships
Glenn completes approximately 100+ ARV and investor appraisals every year. Frequent lender clients include Flipside Lending, CoreVest, Anchor Home Loans, Kiavi, Easy Street Capital, and Genesis Capital — among the most active hard money and private capital providers serving Los Angeles County investor borrowers. The institutional comfort that comes from completing appraisals to specific lender underwriting standards saves time, reduces revision requests, and gets investor deals to close faster.
Where Flipping Happens in LA County
The most active flipping markets in Los Angeles are areas experiencing gentrification cycles — where investors can buy below replacement cost, add value through renovation, and resell to owner-occupant buyers. Northeast Los Angeles (NELA) — including Highland Park, Eagle Rock, Mount Washington, and Garvanza — remains the most consistent flip market in the region. Other high-activity submarkets where we regularly complete ARV reports include Jefferson Park, Echo Park, View Park-Windsor Hills, Atwater Village, and El Sereno. Each of these markets has its own comp pool, finish-quality expectations, and buyer-pool dynamics that affect ARV methodology.
ARV Methodology and Scope of Work
ARV appraisals require a documented scope of repairs — an itemized list of planned improvements with associated costs. We then: (1) appraise the as-is current value of the property, (2) identify comparable sales of similar finished homes that reflect the planned final product, (3) apply adjustments where the planned scope differs from comparable finish levels, and (4) reconcile the comparable evidence to the as-repaired value. The report supports lender underwriting and draw schedules and gives the investor a defensible target for the exit sale.
BRRRR Strategy and the Interest Rate Cycle
The BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) depends heavily on interest rates. The math works when rental income can support the refinanced debt service plus operating expenses — which requires interest rates low enough that the refinanced mortgage payment fits within the property’s rent capacity. When rates rise, BRRRR deals become harder to underwrite because rent levels typically haven’t caught up. We see BRRRR activity rise and fall with the rate cycle, and we structure ARV reports to support the refinance underwriting that the strategy ultimately depends on.
Credentials
Glenn is a California Certified Residential Appraiser and Accredited Senior Appraiser (ASA) with 25 years of active practice and over 10,000 appraisals completed across Los Angeles County.
Why Choose Home Point Appraisal?
With over 25+ years of experience in the SoCal real estate industry, we have expertise and knowledge of your local market. Call us for fast response or click the button below to get an instant quote.
Frequently Asked Questions — After Repair Value (ARV) Appraisal
How do you appraise a property that hasn’t been renovated yet?
We appraise the property “as completed” based on the planned scope of work (architectural plans, scope-of-work documents, contractor estimates, finish specifications). We then identify comparable sales of similar properties already renovated to a similar level in the same neighborhood. Adjustments are applied for differences in quality, size, and features. The result is the projected market value once renovations are complete to plan.
What documentation do I need to provide for an ARV appraisal?
Provide: (a) the full scope of work or contractor’s bid, (b) architectural plans or design drawings if available, (c) finish specifications (flooring, cabinetry, appliances, fixtures), (d) any permits already pulled, and (e) photos of comparable finished projects you’re using as inspiration. The more detailed the scope, the more accurate and defensible the ARV. Vague scopes produce vague valuations.
Will hard money lenders accept your ARV appraisals?
Yes. Hard money lenders, bridge lenders, and private investors in Los Angeles regularly accept our ARV appraisals. We structure ARV reports to satisfy the documentation requirements typical of asset-based lenders — including detailed comp analysis, photo support of comparable renovations, scope-of-work review, and a clearly-stated “as-is” and “as-completed” value pair.
How accurate are ARV appraisals — how often does actual sale match the ARV?
A well-prepared ARV by an experienced Los Angeles appraiser typically lands within 3–7% of the eventual sale price, assuming the renovation is completed to the scope and the market doesn’t shift materially during construction. The biggest variables: scope creep (changes during construction), market shifts (especially during 6+ month rehabs), and finish quality (whether what’s actually built matches the original scope).
Can I get an ARV for a property I haven’t purchased yet?
Yes. This is common during the due-diligence phase before closing on a flip or BRRRR property. We can produce an “as-is” current value and a projected “as-completed” ARV based on a renovation scope you’re planning. This helps you evaluate whether the deal makes financial sense before committing capital. We’ll need access to the property (or detailed photos) and the planned scope.
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