After-Repair Value (ARV)
Bottom Line Up Front: ARV is calculated using renovated closed ARMLS comparables within a 0.5-mile radius and 90–180 day lookback window adjusted for lot size, views, pool, and guest house square footage.
Formula / Statutory Rule
ARV = Renovated Comp $/SqFt × Post-Renovation Livable Square Footage + Lot/View AdjustmentsScottsdale & Greater Phoenix Benchmark (HomeDaddy AI)
In 85253 (Paradise Valley), 85251 (Old Town), and 85018 (Arcadia), renovated modern organic homes trade at $680–$1,250+/sq ft compared to $390–$550/sq ft for unrenovated 1970s–1990s inventory.
Stephen R. Mannenbach is a Licensed Real Estate Salesperson / REALTOR® in the State of Arizona (ADRE #SA713873000), brokered by HomeSmart LLC. Equal Housing Opportunity. All property square footage, HOA fees, school boundaries, business financials, and market statistics are deemed reliable but not guaranteed and should be independently verified through ARMLS and Maricopa County records.