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Updated over 14 years ago on . Most recent reply

Yellow Cats
Now that I got your attention, I have a question.
Currently I am trying to determine the value of a property and have come across some problems. The particular property has a barn, chicken coop, and horse stall that were all converted into apartments. Along with the original house on the property. Since it has such a strange design, there aren't any comps to compare to this property. How would one go about determining the right value for such a place?
Here is a little bit of video footage of the outside of the property.
http://www.youtube.com/watch?v=PO4tfsuWjQI
and
http://www.youtube.com/watch?v=bksPCHpCFw0
P.S. I apologize for the shaky footage.
Most Popular Reply

Outbuildings converted to apartments? That can't be up to code!
I'd ignore all those outbuildings and work up a value based on comps for the land and house. Then, I'd subtract the cost of demolishing and removing those other buildings.