Determining the value of a property while bidding at auction

[Liam Hanson]

What is the best way to determine the value of a property before bidding on it at auction? As a new investor, blindly bidding on a property seems like a pretty big gamble if you've never seen the inside of property. How do you go about rationalizing the value and mitigating the risk? Do you approach the homeowner/knock on the door? Look through the windows? Go off the basic info (sqftg, bed/bath, etc.) look at some possible comps and just take the risk at auction?