Then your DTI is probably something more like 33% (I think). That’s not so bad. Your risk is that you’re single income, so where would you be if you suffered, say, a six month jobless stint? Ideally, you’d be able to set aside some reserves, but not sure if you can, given the challenge in getting the loan down to $417K. Normally, I’m a pretty optimistic guy, but I’d make sure you hold on to some cash. Maybe that’s your plan. If so, good.

As far as “comps” are concerned, if I’m guessing which house you’re talking about correctly, there is something of a comp nearby that is $60K less. The lot might be a bit smaller and no pool, but a comp nonetheless (maybe use it to your negotiating advantage). M-R seems higher too (~$200), which is a little surprising. It also needs more work, I’m pretty sure.