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The error is to not regulate comps and utilizing a greater condo as the value. Adjustments do not stop at rectangular footage, however. Customary adjustments might be storage stalls, toilets, facilities, view, basements, and place, which is able to all have an impact on value.


Vicinity: I probably hear that a usual for vicinity can be inside quarter or a 1/2 mile from the discipline property. I assume that’s good enough, however my query can be is this a radius we’re watching at? Most in general, that is exactly what investors and retailers do. Take a half mile radius. The predicament with that’s you perhaps pulling comps in neighborhoods that aren’t similar. Generally crossing over a river, rail avenue tracks, or a important arterial can totally alternate the subject appeal. It is a lot better

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