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Updated over 12 years ago,
How Close Are the Comparables to the Property You are Buying?
When searching for comparables to determine an after repaired value on a property, how close are they from your subject property? In other words, are your comparables less than 1 mile from the subject property, less or more?
In some more rural or less populated areas I’ve seen comparables close to 3 miles away from the subject property. What do you recommend?