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  #1  
Old 11-03-2009, 12:20 AM
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Default Subject: 3,700 SF; Comp 1: 1,800 SF

Yup, that is comparable, especially when you adjust at $20/SF for GLA difference.

Enough said?
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  #2  
Old 11-03-2009, 05:57 AM
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Doing review work, are we???
  #3  
Old 11-03-2009, 06:17 AM
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3700sf including finished basement?
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Old 11-03-2009, 06:24 AM
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3,700 comparable to 1,800? Sometimes. If there is limited available listings available for purchase in a tightly defined market, it may be very comparable. Particularly if there is room to expand the house.

$20/ft, not likely to be reality.

Were you able to find better comparables?

Last edited by DTB : 11-03-2009 at 07:43 AM.
  #5  
Old 11-03-2009, 08:13 AM
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Mike Garrett, RAA Mike Garrett, RAA is offline
 
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It is what it is...you can't make chicken soup out of chicken poop. Location, location, location. Need I say more?

$20 a square foot? Not in my market!
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  #6  
Old 11-03-2009, 08:13 AM
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Some times 'ya gotta do what 'ya gotta do.

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Old 11-03-2009, 08:18 AM
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Quote:
Originally Posted by Greg Boyd View Post
Some times 'ya gotta do what 'ya gotta do.

I bet the UW head exploded like someone off the movie Scanners when they read the adjustment %'s at the bottom of the grid.
  #8  
Old 11-03-2009, 08:20 AM
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Large differences in GLA might be appropriate if the value of the improvements is insignificant relative to the market reaction to the property location, lot size, view, etc.
  #9  
Old 11-03-2009, 08:25 AM
CSP 49 CSP 49 is offline
 
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Isn't anyone familiar with the "Rule of Doubling"?

Forgot a smilie. I guess it can't be added under edit.

Last edited by CSP 49 : 11-03-2009 at 08:53 AM.
  #10  
Old 11-03-2009, 09:38 AM
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Quote:
Originally Posted by 44nutman View Post
I bet the UW head exploded like someone off the movie Scanners when they read the adjustment %'s at the bottom of the grid.
Apparently not because I did a 442 about a year later when they finished the house.



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