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280
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68
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Jordan Archer
  • Rental Property Investor
  • Stuart, FL
68
Votes |
280
Posts

Is there a comprehensive list of all things that either add or subtract value from a property when running comps?

Jordan Archer
  • Rental Property Investor
  • Stuart, FL
Posted

Hey BP,

I understand the whole looking withing .5 miles for similar houses as the one you may be buying. But for the differences that arise in each property (ie. a porch, updated kitchen, pool, etc.) how do you know what to add/subtract in order to come up with an accurate comp?

Something like:

new kitchen - add $500

out-dated floor - subtract $500

etc.

Anything out there like this?

Thanks BP,

Jordan

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