ARV and sold-comps analysis
See what supports the value before you chase the deal.
A promising price gap leaves important questions unanswered. Doormetrics brings asking price, as-is valuation and after-repair value context into the acquisition workflow, so you can review the evidence and prepare the next agent conversation.
Estimates depend on available evidence and assumptions. A value estimate is not a verified sale price.
Three numbers. Three different jobs.
Asking price
The seller's requested amount. It is the starting point of a conversation, not evidence that a buyer has paid it.
As-is value
An estimate considering the property's current condition. It should not silently assume that unfinished work is already complete.
After-repair value
An estimate assuming a specified repaired condition. Keep the work required to reach that condition separate from the value estimate.
A practical sold-comp review checklist
Keep these questions with your property review. They are diligence prompts, not a claim that every fact has been verified by the software.
Check 1
Closed sale or asking price?
Keep the recorded sale price, transaction date and source. Flag conflicting records, unusual transfers and missing facts. An active listing tells you what a seller is asking.
Check 2
The same competing market?
Look beyond distance. Compare property type, legal use, layout, size and location. A nearby sale across a meaningful market boundary may attract a different buyer.
Check 3
Which condition is being compared?
Separate the property today from the proposed finished condition. Record the repair scope and comp condition evidence. Listing photos alone cannot establish a complete repair budget.
Check 4
What changed since the sale?
Record contract and closing dates where available. Review market movement through the valuation date. A more recent sale is not automatically the most comparable one.
Check 5
What supports each adjustment?
Ask why an adjustment is needed and what evidence supports it. A fixed price-per-square-foot rule or a renovation bill alone does not establish the market's response.
Check 6
What remains unresolved?
Keep unknown condition, sparse sales and conflicting records visible. Write the next verification question beside the estimate instead of treating a precise number as certainty.
For appraisal context, Fannie Mae discusses comparable selection and market-supported adjustments. A fixed radius, recency cutoff or adjustment rule cannot establish comparability on its own.
Hypothetical example only
The highest nearby sale may answer the wrong question.
Imagine a 1,200-square-foot home that needs a kitchen and roof. Your proposed project keeps the same layout. Sale A is a similarly sized renovated home in the same competing market. Sale B is larger, has an extra bathroom and sits in a different market segment. Listing C is renovated but still for sale.
A is a candidate to investigate for the finished-condition comparison. B needs an explanation of the differences. C is asking-price context, not a closed sale. These facts alone do not establish an ARV, the cost of the work or a profitable purchase price.
Illustrative properties, not real listings or Doormetrics results.
Use the estimate to make your next question more specific.
Doormetrics separates the as-is and renovated-condition valuation paths. Reports carry the sold-comp count, confidence, comp details and explanatory notes. Thin or conflicting evidence can reduce confidence or leave a value unavailable.
Review those limits alongside condition evidence and your own repair budget. Then bring a focused question to the agent: which work remains, what supports the price, or which sale needs verification?
Watch the recorded product walkthroughRecorded product examples show the workflow. They do not confirm current inventory, condition or future outcomes.
ARV and comps questions
What is ARV in real estate?
After-repair value is an estimate for a specified repaired condition. It depends on the proposed work, comparable evidence and valuation date. It is not the asking price, a repair quote or a guaranteed future sale price.
How is as-is value different from ARV?
As-is analysis considers current condition. ARV analysis assumes a defined finished condition. In Doormetrics, the ARV workflow treats the subject as renovated when screening sold evidence. You still need to confirm the actual repair scope and whether the comps resemble that intended result.
Can active listings establish the Doormetrics ARV?
No. Closed sales provide its positive value evidence. Certain asking-price signals can constrain an estimate downward; they do not create a sold-price anchor. Review the report's sold-comp count, confidence and explanatory notes.
What happens when sold evidence is too thin?
The valuation process can widen its search, flag insufficient sold comps and reduce confidence. If it cannot build a supported value, it can return no estimate. Data availability varies by property. A low-confidence result is a question to investigate, not a verified resale price.
Does the gap between asking price and ARV equal profit?
No. Purchase and closing costs, repairs, financing, carrying costs and selling costs still matter. In the Doormetrics flip workflow, rehab-dependent results remain unset until you enter a repair budget. Entering a budget enables a model; it does not verify the budget.
Is this a professional appraisal or a lender approval?
No. Doormetrics supports acquisition screening and review. Its estimates do not replace a property inspection or professional appraisal, and do not establish a lender's accepted value. The primary guidance linked below describes appraisal practice, not certification of this software.
Sources reviewed September 5, 2026: the linked Fannie Mae sections are dated June 4, 2025. For FHA-specific requirements, use HUD's Handbook 4000.1 index and check the effective dates applicable to the assignment. Program appraisal requirements do not certify Doormetrics estimates.
Bring the property you are trying to understand.
Explore the workflow in a 15-minute demo. Share your market and the next acquisition question you want to work through.