Adjusting Property Comparables

2 Replies

Good morning. I'm a new investor in the North Alabama area. I asked for, and received comps from an online comp company. The comps were received from a local agent. I haven't talked to the agent yet, but all of the comps were for  3-bedroom two-bath homes, but the one that I am considering is 3 bedroom 1 bath. The property is in Athens, AL. In your opinion, how much should I deduct for one less bath? Thank you for your input. 

Talk to a local appraiser.  All markets are different. An appraiser will probably be willing to answer a quick question for you as an introduction to possibly pick up your future business.