I remember when getting my real estate license I learned that typically comps shouldn't be older than a month or so, on special circumstances, 6 months max.Another thing I noticed was that there was no finished basement square footage included (which makes sense because the appraiser did not go inside the property).Last thing I noticed is that the appraiser took an average of almost 8% off the property values that she used as comps.

If you know what Construction Costs are for that square footage you can see what a New Home Costs.

I don't buy over list price but I have bought from the MLS here in So Cal and in all cases, I added major value by adding a lot of square footage (mostly knocking down 95% of the home to rebuild new.

I've seen some comps where the different in square footage was over 400 sq ft and then adjusted the appraisal on it $7,500.

I remember when getting my real estate license I learned that typically comps shouldn't be older than a month or so, on special circumstances, 6 months max.Another thing I noticed was that there was no finished basement square footage included (which makes sense because the appraiser did not go inside the property).Last thing I noticed is that the appraiser took an average of almost 8% off the property values that she used as comps.

Unelss it is a lot of square footage I'd look for cheaper options.My lease requires that they leave a receipt for professional carpet cleaning or we can charge them, but usually we have to replace the carpet from pet damage.  

In most cities, the only new construction that doesn't require a permit is a storage shed, and usually the city will place extremely restrictive limits  on square footage, height, and utility services.

Are your rents comparable for the size --square footage-- of those apartments. 

Commercial cant exceed 10% (or 20% will check regs and post followup) of total sq footage of residential space.Also new construction and rehab loans with VA.Happy to clear up any misquidance and answer any questions.VIE Realty Group.Veterans.Investors.Educators

Some of the ordinance requirements include square footage cleaning limits for housekeepers, mandatory daily cleaning with no incentives to guests for passing on daily cleaning, and minimum wage increases for some hotels.