Re: Home purchase is a good deal
Comps are a good way to simply compare value to other homes in the area. Sometimes it is hard to compare the condition of properties when using comps so you may want someone who has been in the other houses and is experienced in judging this. There are a lot of other factors that come into play for you individually like:
Is this the school system I want
Is it close to where I work
Is it the type neighborhood I want to live in
Does the layout of the house fit my family
If a house fits all the criteria you are after and is in above average condition then you may be willing to pay a little more than the comps suggest. If not, you may not be willing to pay as much.
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