Updated almost 5 years ago on . Most recent reply
How to Value a Property with Garages?
I have a client who wants to sell a unique property. it is a duplex that has 19 garages behind it. The garages are all rented out for $100/month so it is a nice added income producer along with the duplex. How would you go about valuing this property with the addition to the garages? I analyzed it using its net income but the value seems way too high for the area.