When a house needs real work, the traditional listing path asks you to spend money and time first. The alternative is to have the work priced honestly and reflected in the number, instead of paid for out of your pocket.
Roofing, HVAC, plumbing, drywall and flooring scope is estimated from contractor pricing across the Easy contractor network rather than a blanket per-square-foot rule of thumb. That is why we can explain a number instead of just naming one.
An investor buyer prices the finished value, subtracts the renovation scope, transaction and holding costs, and their required return. Understanding that math is what lets you judge whether an as-is number is fair.
If the work is mostly cosmetic and you can wait, an agent-listed sale often nets more. We will say so. A review is meant to help you choose, not to steer you.