Most people know that when you are looking at purchasing a property, you need to take a look at recent sold comparable listings. This will help you determine the listings market value. But what some people forget is, you need to take a look at what that particular property could sell for fully upgraded. See most properties in #edmonton are not fully renovated. You need to determine the after renovation value (ARV) of anything you buy. This will ensure, you will get your money out of your investment because almost every home needs something.
If you have any questions about real estate or if you are looking to buy/sell please feel free to reach out to me at ross@rivervalleyrealty.ca
You can also check out my website www.rivervalleyrealty.ca/