Last question, average rent is figured by average rent on a HOUSE of the similar bed/bad configuration or APARTMENT?
I assume house, but you know what they say about assuming…. [/quote]
You are correct – compare apples to apples. If you have a 3/2 condo with a carport and a patio, it will command less rent than a 3/2 house with a 2 car garage and a yard. Location also plays into it, of course.
The idea situation is to compare a model match (same floorplan, same area), but, of course, especially on houses, that will be difficult to do a lot of the time.
