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How to Value Commercial Real Estate

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by Julie Broad

As a residential real estate investor, when I try to figure out what a house is worth I basically look at what similar houses in the area have sold for recently. When I think about how I can add value to a home, I look at the features and amenities other homes in the area have that people are paying more for. How much more does a home with granite kitchen counter tops sell for? What about a home with a beautifully landscaped yard or a fresh coat of paint on the exterior? This is called looking at comparables.

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