XLeads Values for ARV/AVM/Wholesale
I wanted to see if I am using the XLeads value correctly. Tell me if I am interpreting the numbers correct based on the below scenario.
Based on the picture below, the AVM of this prop is $296.2, which represent what it's present market value is unrenovated. The wholesale cost is $192.6 and is the MAO? Based on these numbers, I should not offer more than $172k if I want to make $20k wholesale fee - correct. Actually started the process with a low ball anchor of ~$130-135k.
Based on the condition of this property - my reno estimate is $70-75k +/- 10% and the ARV would be ~$410,000
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Bill Corder
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XLeads Values for ARV/AVM/Wholesale
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