nordanney
2018-12-24 14:01:35
- #1
Or RH rents out with an unrented one.
Value is identical, as it is a pure asset value object. Possibly a small deduction due to the notice period for termination for personal use.
Four-family house, rented with four condominiums unrented in a similar location.
Now you are comparing apples and oranges. A 4-family house (unrented) is not an owner-occupied property. Here, the focus is on the yield. Therefore, the value is calculated using the income approach. Value is identical except for an underrent due to the rental period compared to a rented multi-family house.
Unfortunately, I have to disagree with you due to professional reasons...