. $5K spend and they wanted it all torn down.Bottom line... while the city inspectors and their methodology are often all screwed up and while of course you are happier to hear the opinion of your handyman...he can not drag you to court and issue you fines and condemn your building and so on.

Hi,Does anyone have a good rule of thumb or methodology to value commercial land?

Nevertheless, I personally have never been interested in fix income investment, which is simply not a methodology for most investors to accumulate a reasonable amount of wealth in their lifetime.

Or as the great ancIent philosopher Kenny Rogers once said :“ ya gotta know when to hold em ,when to fold em , and when to walk away “

Along with all the ancient TV tackle.

Does my methodology makes since?

And with realtyTrac, you need to understand their "Report methodology".

There is no 'one-size-fits-all' methodology.

Forgot to mention - I probably saved $10-15K on the purchase of that house due to the ancient furnace and asbestos.

Comp Analysis: Personal Valuation w/ detailed systematic approach (Please inquire for methodology): $176K-$232K w/ avg. being $201K Agent Valuation: $200K-215K "conservatively."