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Brandon G.
  • Contractor
  • Garland, TX
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186
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Learn To Analyze Comps - Dallas Market

Brandon G.
  • Contractor
  • Garland, TX
Posted Sep 22 2014, 20:57

I joined a service that will give me MLS data and so now I have access to this info. But how do I start learning the details? I understand that I have to make adjustments to comparable houses for an extra bedroom or bathroom for example and I understand the math, but how do I determine what a bedroom, bathroom or extra square footage is worth? Are there some general guidelines I can use to start my studies? Maybe a bathroom is worth some percentage of the ARV? I'm looking at homes in Richardson, Plano, Garland areas for now. Can someone with experience in those areas give me some pointers?

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