One of the toughest things in the process of buying a property for investment is determining how much the property is worth now and what it could be valued at if fully repaired for lease or resale.
Which is more difficult to determine, as-is or as-repaired (also called ARV or After Repair Value)? You might think that estimating the as-is value is the easier task, but it’s somewhat more complicated than assessing the ARV.