Starting Out
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago on . Most recent reply

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