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Updated over 6 years ago on . Most recent reply

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Gregorio Martinez
  • Rental Property Investor
  • San Antonio, TX
17
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MARKET VALUE OR COMPS OF NEIGHBORHOOD

Gregorio Martinez
  • Rental Property Investor
  • San Antonio, TX
Posted

When Analyzing The Deal:

I know this may be very broad, but lets say they're both in Class B neighborhoods.

What is more important when purchasing a property, Market Value or Comps?

What is more important when selling a property, Market Value or Comps? 

Thank you

  • Gregorio Martinez
  • Most Popular Reply

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    Brian Pulaski
    • Flipper/Rehabber
    • Montgomery, NY
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    Brian Pulaski
    • Flipper/Rehabber
    • Montgomery, NY
    Replied

    That is my take on it. Others may disagree but I wouldn't be using Assessors info for valuing a house.

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