Identifying your property’s value is crucial. As a real estate investor, you need to be aware of the three ways to determine the value of your real estate investments to guide you with your purchase, justify your selling price, or simply learn the basic market valuation techniques.
Sales Comparables
The most popular method is sales comparables or more formally known as comparative market analysis. In this method, sales information about properties that were sold within the last three to six months as well as those that comprise the list of pending sales in the neighborhood are compared.