Updated almost 6 years ago on . Most recent reply
Adjusting comps to determine ARV
When adjusting comparable sales to your subject property. How do you know the dollar value you adjust each criteria (bedroom, bath,square footage) by? I have been looking at comps and see in the adjustment that if your subject property has 4 bedrooms and the comps has 3 bedrooms, then you adjust up for the bedroom but I don’t know what is the dollar value I should adjust by.