Updated almost 10 years ago on . Most recent reply
Running Comps
What are the parameters when you run comps?
Each property pricing that is pulled must be:
-Within 1,000 sqft size of each other (Heated space)
-Nearly identical in amount of bedrooms/bathrooms (Ex 4/3,4/2, 5/2...)
-Do you use prices pre 07/08 or during that time? I Feel as if they won't be accurate to current pricing.
I check the same street and nearby streets all within a certain zip code. Then find the price per sqft avg and use that.
Do you guys have any other tips?