For example, if you’re trying to compare a two-bedroom, one-bathroom house, your comps would include other two-bed, one-bath houses in your neighborhood that have sold over the past several months. They might also include properties that are currently on the market. ...
I've been using Rentometer for years to quickly get a rough market-rent estimate for any neighborhood I'm considering. Later in my due diligence, I'll look at actual comps and Rentometer is almost always right on the money. 10/10, will never end my subscription! Jon S, Real Estate Age...
Are a lot of people in your neighborhood complaining to Verizon, T-Mobile, U.S.Cellular, AT&T and DISH about dropping cellphone calls, or do you have average or poor coverage? If you answered "YES" you are probably in a high demand area. 2. Supply. What is the supply of existing ...
The comparables need to be as near as possible to the subject property. Comps in the same neighborhood should be given more weight. Location Features The closer the similar homes are, the more likely they will benefit from the same amenities. This can be things like walkability, views, and ...
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I can’t change, I guess. I keep saving my comps for some rainy day that might come up in the future. When I’m in a casino, I always remember that I’m their guest. I want to be as easy to get along with as I would be when I visit anyone’s home. ...
Home Gain’s comp isn’t very accurate either. First, you want to pull comps that’s close to the house you are looking at. If the nearest sale is over 5 miles away, it could be in a totally different subdivision and different school district. The property value can be quite different...