The Formula
Three Numbers, One Subtraction
There is no secret to this, and no algorithm. Your offer is what the house is worth fixed up, minus what fixing it costs, minus a margin for the work and the risk of doing it.
01
What It’s Worth Fixed Up
The after-repair value — what your house would sell for on the open market once it is fully renovated. We take it from real, recent, genuinely comparable sales near you, not an online estimate.
You get the addresses of the comps we used. If you know a better comp, tell us — sellers are right about their own street more often than you’d think.
02
What the Repairs Cost
What our crews would actually spend getting it there: roof, systems, kitchen, baths, flooring, paint, permits, and the things that only show up once a wall is open.
Shown as a line-by-line estimate, at the prices we really pay. Not a lump-sum “condition adjustment”.
03
A Margin for the Work and the Risk
The part we keep. It covers the holding costs, the financing, the contractors who don’t show up, the surprises behind the drywall, and the chance the market moves while we own it.
We state it as a number rather than burying it. You are entitled to know what we make.