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A licensee is listing a 4-bedroom, two-story house. What would be the most suitable comparable property?

User Jan Drozen
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1 Answer

6 votes

Final answer:

A suitable comparable property for a 4-bedroom, two-story house listing would likely be another 4-bedroom, two-story house that is similar in size, location, amenities, and condition.

Step-by-step explanation:

A suitable comparable property for a 4-bedroom, two-story house listing would likely be another 4-bedroom, two-story house that is similar in size, location, amenities, and condition. The comparable property should have similar features to the subject property, such as the number of bedrooms, the number of stories, and overall size. It should also be located in a similar neighborhood and have comparable amenities.

For example, if the subject property is a 4-bedroom, two-story house with a swimming pool and a garage located in a suburban area, a suitable comparable property would be another 4-bedroom, two-story house with a swimming pool and a garage located in a similar suburban area.

By comparing the subject property to similar properties, the licensee can determine an appropriate listing price based on market conditions and the prices of comparable properties that have recently sold.

User Sbrrk
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