I was surprised by how quickly a broad US comparison became unhelpful when I tried to apply it to a New York condo. The building and immediate location can affect financing, transaction costs and the relationship between the listing figure and the recorded sale.
I am here to learn how people compare those factors without forcing unlike properties into the same model. Would it be better to begin with local first-purchase discussions, mortgage threads or public completed-sale records?
For investment modelling, I would particularly like to know which source documents people verify before entering an asking price, sale price and transaction date. A practical sequence of checks would be more useful to me than a general market average.
I am here to learn how people compare those factors without forcing unlike properties into the same model. Would it be better to begin with local first-purchase discussions, mortgage threads or public completed-sale records?
For investment modelling, I would particularly like to know which source documents people verify before entering an asking price, sale price and transaction date. A practical sequence of checks would be more useful to me than a general market average.