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You're considering buying a single - family home in a suburban neighborhood. When searching for comparable properties ( comps ) to estimate value, which of
You're considering buying a singlefamily home in a suburban neighborhood. When searching for comparable properties comps to estimate value, which of the following would be the LEAST suitable comp?
A singlefamily home in slightly worse condition, similar size and age, located on a busier street in your neighborhood that sold months ago.
A condo with similar square footage located in a nearby downtown area that sold last year.
A singlefamily home of similar size and age located in the same neighborhood that sold months ago.
A singlefamily home that is significantly larger and newer, located in a different suburb, that sold recently.
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