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Updated over 6 years ago on . Most recent reply

Brandon Stewart's profile image
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Brandon Stewart
  • from Evansville, Indiana
  • Member since Dec 15, 2016
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Brandon Stewart's profile image
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Brandon Stewart
  • from Evansville, Indiana
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Brandon Stewart
  • Evansville, IN
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General Landlording & Rental Properties

Single Family Home Rental Property

Brandon Stewart
  • Evansville, IN
Posted

Is the resale value of a single-family home depedent on the housing market or the income it generates?  I've read several books and am getting conflicting info. Insight into this question is appreciated.

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Jeremy Taggart's profile image
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Jeremy Taggart
  • Real Estate Agent
  • from Pittsburgh, PA
  • Member since Dec 24, 2014
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Jeremy Taggart
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  • from Pittsburgh, PA
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Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
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Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
Replied

@Brandon Stewart It's dependent on the housing market. Specifically, other sold homes near it that are similar and have sold within the past year or so. 5+ units is when they start to value homes based on the income they generate.

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