Posted by Fletcher (Houston) on July 04, 2003 at 24:55:14:
I dunno Joe,
I got my realtor to send me comps on that whole keymap page and I don’t see anything under 3000sq.ft. selling for more than 133k in the last year. How big are these houses in question?
There are some 8 year old houses selling in the 290’s in Woodwind Lakes though.
The concept of what you are trying to do makes sense. I’m just not seeing it in the numbers.
Maybe you could email me the comps at email@example.com if you want some help evaluating this deal.
I try NEVER to go out of the subdivision of the subject property I am evaluating. In fact, I try to stay in the same section of the same subdivision if not the same hundred block.
Keep up the good work Joe, your efforts will pay off!