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Updated about 8 years ago,
Comparative market analysis in negotiation
I'm very interested in buying a condo listed at 109k.
The market analysis shows what appears to be an identical unit that sold for 94k in 06/2016. The unit was on the market for 50 days and is a first floor unit in Florida. Their offer is 109k and zillow has both properties 'zestimate' of 109k. The realtor suggested an offer of 100k. The one I want to purchase is 2nd floor and both are in a flood zone.
I looked at pictures of the sold property and the interior looks almost identical.
Would it be fair to aim for 94k?