How to counter my my landlord's "fair" price he will sell for?

[Natalie Kolodij]

Hey guys, 

A little background: I've been renting a house for 2.5 years and my landlord is looking to sell. 2 Years ago they moved to Chili and now they decided they're going to stay. Before I moved in they had the house listed for sale and in 3 months started at $300k and dropped to $270k and it still didn't sell (this was end of summer of 2014) then they decided to continue renting it and I moved in. 

Today he sent what they thought would be a fair priced based on average price/sq foot on recent sales on the town. However his assortment of comps include fully renovated, extra bath rooms, garages, larger lots, ramblers, newer houses. 

My house is a 1901 1.5 story 3 bed/ 1 bath  that isn't really sell ready, they've done some improvements...but very DIY, and it needs paint, floors refinished ect. 

Additionally, the house needs a roof, and some electrical work, and my guess is $5k of misc. to make it market ready. 

He took off 15k from the "fair" price for the roof it needs , and also $10k for listing agent commission he would save. 

With those discounts he landed at $315,000. 

I ran comps based on sales in the past year, 1400-2000 sq feet (mine is 1700), 1890-1920 build year. My average price per square ft came to $170 based on 10 comps. Making my house worth $265ish with the discounts for roof/no selling agent. 

My question now....how do I calculate for value adds/loses based on an additional bath, large yard, garage, ect. Within those similar houses there is still some variation in terms of some having a 1/2 acre lot, or a 2nd bath, ect. I think this is still a better criteria than comparing a Victorian to a 1970s rambler though. 

I've reached out to a realtor as well. but any/all insight would be appreciated here. 

Thanks guys! 

[Michaela G.]

Hire an appraiser and if it's significantly below his asking price, present it to him. Yes, it might be $ 450 out of your pocket, but it might save you many thousands