St. George Investor Reality Check
Do not let broad St. George averages set your ARV.
St. George investors face a market where new construction supply and HOA restrictions are both active enough that a resale spread built on peak-demand comps will not survive a slower-absorption scenario.
What investors assume
A clean renovation and a strong market story are enough to justify the resale number.
What actually matters
Exterior wear, neighborhood friction, and condition-sensitive buyers matter more than a broad comp spread.
Where St. George deals break
Deals in St. George usually break when investors use broad city pricing to justify a deal that only works in a much stronger micro-market.