Skip to content
Real Estate Deal Analysis & Advice

User Stats

68
Posts
12
Votes
Nichole Wall
  • Wholesaler
  • Orwell, NY
12
Votes |
68
Posts

Pulling comps if you already have an assessment value

Nichole Wall
  • Wholesaler
  • Orwell, NY
Posted Jul 29 2014, 17:00

Why do I need to pull comps on these properties I'm finding (for deal analysis) if I am also finding assessment values on them?? I have been analyzing deals and I use our counties real property search to look up the current assessment (what they get taxed on). Wouldn't that be the number to use for the ARV granted you're not making any major changes such as adding a bath or bedroom to it?? Sorry if it seems trivial.

Loading replies...