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Updated over 10 years ago,
Comps & Making Sure You Get it RIGHT!
Hello Everyone!
Here's the deal...
It looks like I've found a motivated seller, and I'm putting together my information to do the deal. Its a duplex 3/2, 1975 SQFT. That's the roughest of info, but part of the larger picture. When I'm looking at sold record in the surrounding area I can only find 1 property within 10 miles, same ZIP code, or even the same use type. I can find equivalently sized SFH's close to this property, but 90% of them are 4/2 1800 SQFT they have.
I'm not looking to fudge the numbers or inflate anything, so is it safe to use the SFH data for part of my calculation? My gut says that when all else fails, use what you have; but my newbness (is that a new word?) says "for the love of all that is holy ask for help!!!"
So there you go community, can anyone offer any advice that has been in a similar situation and was able to make it work?
Thanks!!!