A price you cannot check is just a number somebody said out loud. Ours breaks into four lines, and every written offer on a Longview house is built from those same four. Ask and we will go through them with you, at the table or over the phone, well before you decide anything.
After-Repair Value (ARV)What the finished house resells for once somebody could move straight into it, measured against comparable Longview sales that closed inside the last three months. A rebuilt bungalow in the St. Helens Addition and the same bungalow out in Columbia Heights are two different numbers, and on a grid laid out like this one the comparables come back unusually clean.100% of ARV
−Repair CostsThe bill a Cowlitz County contractor would hand us to get it there, broken into parts you can read: rewire, panel, roof, foundation, kitchen, baths, flooring, siding. No single lump-sum figure, and no rounding done in our favour.Itemized per property
−Holding and Selling CostsThe cost of carrying the property while it is being fixed, and then the cost of selling it a second time. Taxes, insurance, power and water through months when nobody lives there, plus what an agent and a title office take at the far end. Added up, that sits around 10 to 12% of the value above.10 to 12% of ARV
−A Reasonable MarginThe part that keeps the lights on here. We run ours at 10 to 15%. Investors working from outside the area generally need 40 to 50%, and a gap that size has to be buried somewhere in whatever they quote you. Running thin is also why we occasionally lose a Longview house to somebody who is quietly planning to chip the price down after inspection.10 to 15% of ARV
=Your Cash Offer
Sometimes those four lines add up to an honest recommendation that you list the house instead. When they do, we say so, and point you at a Longview agent worth calling. Being wrong for you is a worse outcome for us than losing the deal.