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Updated about 5 years ago on . Most recent reply

User Stats

47
Posts
12
Votes
Curran D Bishop
  • Investor
  • Milford, Connecticut (CT)
12
Votes |
47
Posts

What's my house woth?

Curran D Bishop
  • Investor
  • Milford, Connecticut (CT)
Posted

I have a property in Carbondale, IL which I bought in 2013 for $89k. I've been renting it out to a friend since 2018, and would like to sell it to him. He's new to home ownership (this would be his first house purchase). I want to give him a fair deal (I don't want to take advantage of him neither do I want to give him the property), but I'm not sure how to evaluate the value. Zillow says it's worth $90k. Carbondale is not a "hot" location, but I'm surprised it's only appreciated a little over 1% in the last 8 years... what tools do you use for running your own comps?

  • Curran D Bishop
  • Loading replies...