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How would you appraise a property objectively? I mean yea you can look at comps, bedrooms/bathrooms/sqft and other factors but even if you did that you don’t ne
by ericmay 4y ago
How would you appraise a property objectively? I mean yea you can look at comps, bedrooms/bathrooms/sqft and other factors but even if you did that you don’t necessarily account for the total value of the property… just curious on a discussion about that.
- mensetmanusman 4y agoMaterials, age, accessories, size, volume, average regional income, supply, demand, speed of sale…
- ericmay 4y agoIs a house in a walkable neighborhood worth more than one in the suburbs? What if the schools aren’t great? What if you don’t plan on having kids? What if you already have kids? Is an American Foursquare more valuable than an Italliante? How much is a view of the water worth? Or proximity to a park? How do you objectively measure those things? It seems like it’s a risk for manipulation.