Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Difference Foundation Equal Different Comp?
I am a new investors scheduled to look at my first house today! The house has a Michigan basement. In the area that I am looking at there either old block basements or Michigan basements (think big crawl space). When I am looking for a property to estimate the after repair value, should I align the foundation types and square footage of those foundations? Another way to ask the questions is, assuming all else equal and decent/safe condition, what would be the differences in value between these two basement types?