You have to use your best judgement on what it would be worth after checking out all of the recently solds you can find and comparing them to your subject property. 

Hello all,I am very familiar with valuing real estate using comparables, DCF models, etc.

Will that be a problem for a traditional lender?

Our county GIS sites also typically provide a photo of the comparable property.   

For 3 months I do research, for 6 months I get stuck in the traditional work life flow and never do anything.

Right attitude, no headaches, no babysitting, has to love real estate ( not compare it to stocks,gold,etc.

Suppose you have a subject property with a 105,000 sq. ft. lot and existing improvements for which you estimate the reproduction cost new to be $2,500,000, physical deterioration to be $400,000, functional obsolescence to be $50,000, and external obsolescence to be $50,000.If you have information on a comparable lot of 110,000 sq. ft. which recently sold for $250,000 and the only adjustment is $1.75 per sq. ft. for the difference in lot size, what is the indicated total value for the subject property.

Denver is a reasonably safe city compared to many and our public transit is finally catching up, albeit slowly.

 Get at least three different estimates from different contractors that way you can compare their prices.

If it’s the right relationship, that year compared to a life long foundation for financial freedom means nothing.