_The_Bear

_The_Bear t1_jaedyzd wrote

Not sure if it's still the case but you used to be able to do carryout for 1/2 the price of their sit down restaurant. You just had to go into the carryout entrance next door. It was the same food, same portions, just half the price if you weren't dining in. Made it super reasonable. Lamb shank at $30? Pass. Lamb shank at $15? Hell yeah.

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_The_Bear t1_j6n8v3c wrote

Yeah if you've got an identical house that certainly trumps industry practices. But you pretty clearly don't have that situation. The neighbor has a sunroom, an updated kitchen, and less above ground square footage. Having less square footage while having an additional sunroom eating up that square footage likely means less bedrooms. We aren't comparing apples to apples where we can attribute the hit in sale value soley to northern parkway. Thats why we have to rely on industry practices.

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_The_Bear t1_j6n3231 wrote

Wish they gave us square footage on the comps. It's my understanding that comps are used to establish a price per square foot. Then you use that price per square foot to determine the appropriate price for the house in question. They mention a significant above ground square footage difference between the house in question and the neighboring house that sold for 460k or whatever it was. Are we comparing a 2400sqft 3/2 to a 2500sqft 3/2? In which case it's likely a fair comp, or are we comparing a 2000sqft 3/2 to a 3000sqft 5/3 in which case, yeah it's probably racist AF.

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