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Updated over 3 years ago on . Most recent reply

User Stats

13
Posts
6
Votes
Filibonio Hernandez
  • Acworth, GA
6
Votes |
13
Posts

Can you compare a 1 story home to a 2 story home?

Filibonio Hernandez
  • Acworth, GA
Posted

Hey, I came across a property that doesn't have any comps with it's style. It's a :

Ranch style home.

3 beds 2 baths

1092 square feet 

So I did filter my search from with in the neighborhood and checked out what was sold in the past 6 months. 6 good comps came through but they are all 2 story homes but have very similar square footage. All with in 1000 to 1200 square feet. I seen the market value of the neighborhood and it seems that every homes value is going up there. 

 I would like to get it under contract for this property but since there isn't any comps with the same style home. I don't know if getting it under contract is a good idea for this property.

Does any one have experience in this?

did anyone get a property that was in a similar situation as this? If so what is it that made you pull the trigger to get it?

and if anyone is wondering I'm doing a whole sale on this one not a buy and hold.

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