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Updated about 3 years ago on . Most recent reply

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514
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Antonio Bodley
  • Alabama
28
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514
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Comps for multi-family homes

Antonio Bodley
  • Alabama
Posted

How do you get comps on a multi-family home in the neighborhood with only single family homes?

Most Popular Reply

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278
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135
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William Sing
  • Real Estate Agent
  • Portland, OR
135
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278
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William Sing
  • Real Estate Agent
  • Portland, OR
Replied

Hey Antonio! With multi-family, you can expand your search. I sometimes have to go 3-5 miles outside of where the subject property is to find comps. This is what appraisers will do to. Try to make sure they are in similar types of neighborhoods. Hope that helps!

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