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Updated almost 3 years ago,
Rental Comp Determining Factors
Hey y'all,
I'm new to this real estate game and new to posting on BP. I am wondering if anyone considers square footage or a property's age when determining rental prices. For instance, would an older or smaller home still rent at a similar rate to the market average given that they had the same amenities and appliances? If these are not things you consider when determining rent for your property, what are some factors you compare or reference?
I appreciate any input, cheers!