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Updated over 5 years ago on . Most recent reply

User Stats

61
Posts
46
Votes
Tyler L.
  • Investor
  • Boston, MA
46
Votes |
61
Posts

Which factors are most important for you when looking at comps?

Tyler L.
  • Investor
  • Boston, MA
Posted

When looking at comps for sfh, what's the biggest and least important factors for you? Which ones are you more willing to compromise on, and which ones less?

For me, the importance in order is:

1. Number of bedrooms

2. Number of bathrooms

3. Home type 

4. Home Size

5. Lot size

6. Time since sale (as long as it's under 6 months, the difference isn't a huge deal for me)

This is what I'm looking at for a flip-so I only look at comps in similar condition to the finished product. If you're looking for a turnkey, condition would also matter. 

 Obviously there are other things that matter, like if there's a corner lot. Is there anything I'm missing, or anything that should be given more priority than I give it? 

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