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Updated almost 6 years ago on . Most recent reply

Julius Johnson's profile image
Julius Johnson's profile image
Julius Johnson
  • from Minneapolis, Minnesota
  • Member since May 15, 2017
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Julius Johnson's profile image
Julius Johnson's profile image
Julius Johnson
  • from Minneapolis, Minnesota
  • Member since May 15, 2017
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Julius Johnson
  • Minneapolis, MN
1
Votes |
4
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General Real Estate Investing

Determine the value of a single-family home

Julius Johnson
  • Minneapolis, MN
Posted

How does Minnesota appraisers determine the value of single-family homes?

Price per square footage?

Comps?

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Todd Solberg's profile image
Todd Solberg's profile image
Todd Solberg
  • Rental Property Investor
  • from Byron, MN
  • Member since Nov 4, 2015
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Todd Solberg's profile image
Todd Solberg's profile image
Todd Solberg
  • Rental Property Investor
  • from Byron, MN
  • Member since Nov 4, 2015
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Todd Solberg
  • Rental Property Investor
  • Byron, MN
34
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71
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Todd Solberg
  • Rental Property Investor
  • Byron, MN
Replied

@Julius Johnson actual sales based on like property. Bedroom baths, level of finish, garage, etc. If no like properties then will look in a larger radius area and/ or have to take a comp that is close and adjust a bit.

  • Todd Solberg
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