comps: Does Your Latest Listing Have an Atypical Feature? Some Things to Note
- 07/08/18 05:26 AM
Every market is different, but here in the Katy, Texas area having the master bedroom on the first floor is more typical - and more preferred by buyers. One of the early lessons I learned in my real estate career is that if a home has an uncommon feature or less desired feature, you need to be sure that you're comparing it to homes with that same atypical feature when running comps.
In this article, I'm discussing a master bedroom, but this extends to any feature of a home that's not common for the area - or even those that are, but … (3 comments)
Every market is different, but here in the Katy, Texas area having the master bedroom on the first floor is more typical - and more preferred by buyers. One of the early lessons I learned in my real estate career is that if a home has an uncommon feature or less desired feature, you need to be sure that you're comparing it to homes with that same atypical feature when running comps.
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