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Why are your comps not comparable???

On many of the listings that I have viewed, the comps do not compare with the listing. The listing may be a 3 bedroom house but the comp is anything but a 3 bedroom house. You can't compare a 3 bedroom house with 2 baths and 4 acres of property with a 2 bedroom with 1 bath and only .5 acres of property. Why are all of the lot sizes in square feet? That is only a nuisance trying to convert square feet in to an acerage value. Sometimes the comparable property is only land for sale. It appears that the only thing in common listed in the comp area is the 2 properties are in the same area, but the characteristics of the listing are totally different.
  • July 27 2012 - Hemlock
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