comparable sales analysis - Posted by osirus
Posted by osirus on May 31, 1999 at 01:09:06:
I have found a service which will provide with “comparable sales search” for $10-20$ depending whether or not I decide to to become a memeber.
What can I expect to be the typical result? Specifically, will the result be a list of homes with similar age, square footage, selling price, bedroom, bathrooms etc as my target home? How do I take into account differences in neighborhood quality if my target house is not in the same street/neighborhood as the the comparable sales results.
How up to date does comparable sales need to be for it to be reliable…weekly…monthly…yearly? Are there any other factors I should take into account in trying to figure the FMV or after repair value for my target house?