USING SFH AS COMPS FOR DUPLEX

[Jason Malabute]

Since duplex-fourplex properties are considered "residential property"does that mean I can use single family home as a comp when calculating the ARV of a duplex?

[Brendon Seeley]

My advice is no. As a broker we comp multi-family based on cap-rate, income, location, plus condition, amenities etc. Always comp to like-properties: 

• SFH - SFH
• MFH - MFH
• Condo - Condo
• Ranch - Ranch

You can get a general idea, but I would advise sticking to the type of the property.