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Updated over 8 years ago,
Please help me on this comp situation
I've got a target property that is about 1900 square feet and sits on 2 acres of land. It's not located in a rural area. When I run comps, I get a ton of recently sold homes but they all sit on no more than .24 acres of land; so the house size is similar but the lot size is completely different. How exactly do I evaluate this? Does the size of the lot make the property more valuable?