Let’s look at the process real estate professionals use to price homes and how to find them. What Are Real Estate Comps? In real estate, comps are similar homes in your area that have sold relatively recently- that is the most straightforward definition. The more the comparable properties s...
There are a number of ways to get comps on a house. In this guide, we outline five tried and trusted methods.
Thanks to Google, you can easily find dozens to hundreds of agents in your area with a few keystrokes. However, you’ll usually find more detailed information on agents through a real estate website. One of the best places to start your search isZillow’s Agent Finder, which allows you t...
To find cheap houses to flip, you need to use all the tools at your disposal. This guide lists the best online and offline tools available.
To calculate theRedfin Estimate, we combine hundreds of data points about the market, the neighborhood, and the home itself—all to provide you with the most accurate home-valuation tools. Track your home's value Instantly learn your home's value and how much you could sell for in today's...
DOtake the neighbourhood comps into account. If you’re trying to increase the value of your home and get the best ROI when you sell, you need to spend enough to make the right upgrades, but not spend so much that you price yourself out of the neighborhood. ...
(CCA). This approach involves finding publicly traded companies that most closely match the private company in question—much like how real estate agents determine your home's value by looking at similar houses that recently sold in your neighborhood. Just as you might question which houses make ...
17. Research the Neighborhood You’re Buying inWhen we talk about location in real estate investing, we’re not just talking on the city level but on the neighborhood level as well. The best neighborhood to buy your first rental property is where your property will have a high chance of ...
While still in the “More” filter box, scroll down and select to view houses that sold in the last 30 days. If you find there are not many results in your area, try expanding to 90 days. However, the further back you go, the less relevant the comps. ...
Dating all the way back to 1926, the cliché “location, location, location” has endured as a real estate mantra for good reason. A great location is a major factor in a property’s desirability. If your rental is in the heart of the city’s trendiest, most sought-after neighborhood,...