Updated about 1 year ago on . Most recent reply
Only Duplex in neighborhood
My name is Sherman and currently looking at a house hack on a duplex. I have a deal l am looking at, and am currently trying to comb through all the numbers and do all the research I can to vet it. One problem I am having is figuring out what to offer on the property. It is the only duplex in the neighborhood/ nearby areas. I have been looking at sf homes with comparable SqFt to one of the units, as well as the units combined to try and get a feel for what this is worth. The duplex has been sitting for 90 days and is 3 times more than All single family Homes with the 3 beds and 3 baths in the neighborhood. I know I shouldn’t compare apples to oranges but looking for any tips on how I can get a feel on what it’s worth.
Any recommendations?
Any tips are much appreciated.