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re: Real estate investors -- how do you evaluate property values
Posted on 12/27/19 at 7:55 pm to TheOcean
Posted on 12/27/19 at 7:55 pm to TheOcean
Can't imagine it would be that difficult depending on the area
Look at the average sale time from list to close on the houses in that area
Find recent examples of the price per square foot of homes in that same area that sold within a standard deviation of the mean
Obviously would have to compare things like amenities, year built, etc. but I can't fathom it's something you couldn't research within a few hours to build up a spreadsheet to come up with a pretty accurate analysis
Look at the average sale time from list to close on the houses in that area
Find recent examples of the price per square foot of homes in that same area that sold within a standard deviation of the mean
Obviously would have to compare things like amenities, year built, etc. but I can't fathom it's something you couldn't research within a few hours to build up a spreadsheet to come up with a pretty accurate analysis
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