Interesting Comp Situation
Team, new to OKC investor here. Love to network with anyone in the area!
The two recent comps I have in my neighborhood both went for $80/SF - for a sale price of around 150k.
Most of the neighborhood's homes are between 1500-1700, whereas the property I'm analyzing is 2200. 80/ft x 2200 = 176k. So even using the 80 SF (which is conservative because those homes were not updated), does this price me out of the neighborhood?