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Ferndale, MI Duplex Valuation & Market Assessment
I have a duplex in Ferndale I am considering options (like selling) and have a few questions for the BP community familiar with 48220.
- 1970 sq. ft.
- North of 8 Mile, East of Woodward, West of Hilton
- 2X 2 bedroom + dining room apartments
- Rental certificate
- Fully Separated Utilities (including furnace & water heaters)
- Highly qualified tenants
- Stainless appliance upstairs unit
- Very, very, very clean
- Massive lot
Questions:
- Where are you all getting your rental valuations from? I am curious to know where mine stand.
- Ferndale market is hot. Multi-family is also hot. What are some thoughts about pricing strategy for both rentals and sales? I am seeing some varying thoughts out there.
- Are there agents that you all might recommend for selling? No rush, so like everyone, looking to maximize.
Thanks!