FINDING GOOD COMPS TO GET THE ARV OF A PROPERTY
Hi BP community,
I hope you all are safe and sound.
I would like to know if a property that is within 0.5 miles from the subject property, exact same beds/baths, sq footage, same zip code and sold within the last 6 months but it's in a neighborhood across a major street is a good COMP.
Thank you so much for your time and insights!
Most Popular Reply
@Edith Alvarado de Cortez
It really depends on the area. In some locations, it could be a good comp and in other locations it will be entirely different. It’s best to tag what location it is in and maybe a local realtor to that area can weigh in.