Negotiations

[Adam Worth]

Hello BP. I have a unique opportunity and Id like some input and feedback on how to go forward...I own a duplex that I paid 150k for. It has 2 bed, 2 bath. My next door neighbor also has a a duplex and he's looking to sell and I want to buy it. It only has 2 bed 1 bath and he paid 164k for it. My property is bigger and better and I paid 15k less then he did. He has admitted that he over paid. My question is this...Since he over paid for his property and I know it's not worth more then my property how do I offer him a price without insulting him?