ARV comps...high or low?

[Kenny Lewis]

Hey BP,

I am going through my mailing list and practicing how to analyze my offer price. When looking at comps, should I compare with the lower prices, in order to have the owner go lower on his asking price? Or should I use the median of the nearby comps? For example,

The property is 3 bd 3bth 2100 sq ft. 

A couple comps are in the 240s range, some are 270s, and some are 340s that have sold recently...which price range should i use for ARV?

Also, is the 70% rule not relevant in this case since its well over the 200s?

How would you come up with your wholesale offer price?

Thanks