Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

5
Posts
0
Votes
Arielle O.
0
Votes |
5
Posts

How to get accurate comps with huge swings/ranking factors?

Arielle O.
Posted

In my analysis of comps, it is quite challenging to get a good feel (maybe due to COVID) as there are huge swings in what comps are going for ($600/month swings), as well as the fact that there aren't that many comps with same number of bedrooms and bathrooms. The property I'm looking at also has below-grade bedrooms which is a "negative" but is newer construction for the area, which is a "positive" considering most other houses were built in early 1900s -- how do you find accurate comps? Specifically, how much do you cut off average rent prices due to basement bedrooms? How much do you "add" for new construction (built last 5 yrs)?

Loading replies...