Use the free After Repair Value Calculator on ToolVexa to estimate a maximum offer from after-repair value and repair cost, using the 70% rule.
How to Use
Enter the estimated after-repair value and the repair cost, then press Calculate.
Formula in Plain Words
Maximum offer = 70% of the after-repair value minus repair cost.
Worked Example
An after-repair value of $200,000 with $30,000 in repairs gives a maximum offer of $110,000.
FAQs
Is the 70% rule a fixed rule? No. It is a common rule of thumb, not a guarantee.
Does this include closing costs? No. This uses after-repair value and repair cost only.
What if the result is negative? A negative result means the repairs cost more than 70% of the after-repair value.