Why the market value of investment real estate often comes back to the cost of replacement
March 2, 2023
Leave a comment
All categories of countries are, Argentina Lifestyle, Argentina Mendoza, Argentina-General, Argentine farms, Brasil-general en, Buenos Aires Residential, Chile lifestyle, Chile – General, Commercial Argentina, Farms in Paraguay, General of Uruguay, Lifestyle Properties in Argentina, Paraguay - General, Uruguay Residential, Uruguayan lifestyle
Most legacy real estate salespeople use comparable sales as a measure of value for real estate, but it can be a trap if you are a value investor. Here’s my opinion on how buyers should be valuing investment property instead. Most people would argue they know how to value a property. There’s a basic format: You look at the property you like, look at prices for comparable properties, and estimate the value from there. In some cases, you might also include expected rental returns as part of your measure.…