Can't find similarly-aged homes for my comps, what do I do?
I'm running a comps analysis for a house built in 1959. I'm just trying to get a ballpark offer for it. The other houses in the area were built in the 1920's and 30's, all selling for about $50 a square foot. I can't find any others in the area built within 10 years. How does this affect the price of my target house?