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Updated almost 12 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Sung-Yong Kim
  • Fairfax, VA
1
Votes |
7
Posts

Market Analysis Process

Sung-Yong Kim
  • Fairfax, VA
Posted

Hello BP, I have a question in regards to market analysis. My goal is to find a multi-purpose (duplex, triplex) home to purchase with each unit having at least 2 bedroom/ 1 bathroom/ and around 900sq ft. I would like to do my due diligence and find the average cost of recently sold multi-family units around the area I am looking at. However, not a lot of sold multi-families appear on Trulia and Zillow. Should I also be looking at single homes, apartments, condos, townhomes with similar criterias to my ideal bedroom/bathroom/size? What other factors should I consider when I conduct my market analysis?

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