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.
General Real Estate Investing
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 4 years ago,

User Stats

64
Posts
17
Votes
Emil Pinlac
Pro Member
  • Investor
  • Sacramento, CA
17
Votes |
64
Posts

Researching Comps on RedFin to Analyze Deals

Emil Pinlac
Pro Member
  • Investor
  • Sacramento, CA
Posted

Would anyone be able to give me any actionable advise, or insight on how else to verify/analyze comps in certain neighborhoods?

Currently, I've just been doing deal analyses using RedFin or Trulia on whatever comes to market, and I have just been using their resources - namely RedFin's map (as shown in the picture), where it shows me how much the other properties are valued around the house for sale. As you can see in the picture - the house for sale is at $251k, however surrounding houses are anywhere between 214k and 321k, which puts it at a pretty good price for negotiation and/or forced appreciation if I fixed it up. 

Is this an accurate way of looking at comparables? Are these numbers from RedFin even accurate? Aside from contacting other REA familiar with that area, or property managers - are there any other websites that can either verify RedFin's numbers or give more specific information regarding neighborhood property values?


  • Emil Pinlac
  • Loading replies...