The other is in the same neighborhood, listed $15000 less than the first one.

With that in mind, I look for working class neighborhoods, where they dont have granite countertops but they keep their yards up, in neighboring cities that are priced below market, and only take 3-5 years to pay off.

. #2 - I have a lot in a neighborhood that can be subdividing into two building lots.

Usually appraisers have a rule where any comp can't be more than 20% bigger or smaller than the subject property.Also, age can make a difference in regards to the surrounding neighborhood.For example, in Grant Park, a Victorian neighborhood in Atlanta, there are a few brick houses, that were built on infill lots in the 50's or 60's.

An agent that knows the neighborhood should be able to tell you approximate values on the spot.

I'm rooted into the neighborhood and the neighbors love that I've rehabbed an eyesore of a property, which was bringing down their trendy street of SFH.

Duplex in Englewood (May St) neighborhood looks to be in great condition built early 1900s.2.

I might disagree with Cleveland's placement, and heres why;Cleveland is going to be one of the largest Big Data centersTon of tech jobs hereBillions of dollars for new projectsMedical MartCasinos and more high net worth hotels etc being createdRevitalization of small neighborhoods like Tremont and Ohio City.The only thing risky here is the sports teams ;-)

Now I can find lots of vacant off market homes and on the internet, which cuts down my time having to search neighborhoods on my own.

I focus on getting the most bang for my dollar in neighborhoods that are likely to appreciate in value.