As much as prices have increased, comparatively you still get A LOT for the money.

My goal is to offer an affordable monthly payment that competes with renting a comparable property and offers a benefit to paying a bit more to "own". 

I did notice end of 2024 to be more active and January to continue that streak compared to 2023 and start of 2024.

The reason to have comparables is if you are representing someone or perhaps purchasing a house for yourself to live in.

Platforms like Zillow or Redfin can give you insight into comparable properties, and PropStream is great for deeper analysis like liens or ownership history. 

Do you have central boiler for water and heat or individual units?

For example how many units in your comparable are classic vs Platinum. 

I would confirm by seeing the product then going out and checking comparables in that market that have sold. 

Unfortunately due to the property values, the cash proceeds will be disproportionately impacted by transactional costs associated with the financing (doc prep, appraisal, recording etc.) which will also hurt the available proceeds compared to the same LTV financing of higher value real estate that can better absorb these transactional costs. 

., major systems like plumbing/electrical)Full Gut/Studs Down: $85-$120 per sq. ft.Luxury Finishes: $150+ per sq. ft.For ARV (After Repair Value), you’re absolutely right—it’s all about comparable sales ("comps").