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Updated over 11 years ago on . Most recent reply

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86
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Ivan Roberts
  • Tacoma, WA
3
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86
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Value of a Multi-Family house

Ivan Roberts
  • Tacoma, WA
Posted

how does one put a value on a Multi-Family house? I was just chatting with the wife, and she brought up a good point, if regular single family houses are valued by the comps in the area, how does a MF get its values from?

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803
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Sharon Tzib
  • Real Estate Broker
  • Cypress, TX
455
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803
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Sharon Tzib
  • Real Estate Broker
  • Cypress, TX
Replied

In the most simplistic terms, 4 or less units are valued by comps.

5 units and above are considered commercial and are valued by the income the property generates.

There is a ton of information on this forum to help you understand multi-families better. Search the term or go visit the multi family forum. You'll see deal analysis there all the time - it will help you get a handle on how it works.

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