Real Estate Comps Explained By An Appraiser- 5 Basics Every Investor Must Know
Real Estate Comps Explained by an Appraiser What are the basics of running real estate comps correctly? Many investors pull comparables the wrong way and end up overpaying for deals or misjudging property value. In this video, professional appraiser Jared Hunsaker shares the fundamental rules used in real property appraisal when determining comparable sales. If you're a real estate investor, agent, wholesaler, or flipper, understanding these basics can help you evaluate deals with much greater accuracy. In This Video You’ll Learn • The 1-mile radius rule for selecting comparable properties • Why square footage should stay within ±10% of the subject property • Why single-story homes should be compared to single-story homes • How features like pools affect comparable property value • Why location and economic similarity matter when selecting comps These are core principles professional appraisers consider when determining property value. If you're serious about improving how you evaluate real estate deals, understanding these fundamentals is critical. Learn More With Us Every Tuesday at 9 AM we host a live call with professional appraiser Jared Hunsaker where investors can ask questions and learn how to analyze real estate deals more accurately. Scan the QR code on the screen to join. You’ll also be able to connect with other investors inside our community. This video is for educational and informational purposes only and should not be considered financial, legal, or investment advice. Real estate values and investment outcomes may vary based on market conditions and individual circumstances. Always consult with licensed professionals before making investment decisions. Vanessa Taylor-Nevada Real Estate License: S.0200839 Appraiser: Jared Hunsaker – License #207701 #realestate #runningcomps #realtor