How To Find Rental Comps

When finding rental comps in your market, you need to consider the following:

  • Proximity
  • Similar Size/Amenities
  • Similar Vintage
  • Similar Unit Size
  • Similar Renovations

Be careful of only using Rent/Sq Ft as a key performance indicator, because you need to consider the size of the units in your market.

 

Also be aware that Townhouses charge a premium over garden units.

 

Reach out to Mike at miket@randcre.com with any questions

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