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Updated over 4 years ago on . Most recent reply

User Stats

2
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0
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Joseph DeLisle
  • Rental Property Investor
  • Lansing, MI
0
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2
Posts

Difference Foundation Equal Different Comp?

Joseph DeLisle
  • Rental Property Investor
  • Lansing, MI
Posted

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?

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