Module 5
7-Step Process

Step 1: Gather Subject Property Details

Before you can comp, you need to know exactly what you're comping. Collect these critical details about your subject property.

Essential Property Details Checklist

1

Address

Full street address with ZIP code. Verify spelling is correct for accurate searches.

2

Bedrooms & Bathrooms

Exact count (e.g., 3 bed / 2 bath). Note half baths separately (2.5 bath = 2 full + 1 half).

3

Square Footage

Living area only (not garage). Use county records for most accurate data.

4

Year Built

Construction year affects value and buyer expectations. Verify from county records.

5

Lot Size

In acres or square feet. Large lots can add value, especially in suburban areas.

6

Garage

Number of cars (1, 2, 3+). Attached vs detached. Carport counts differently.

7

Pool

In-ground pool? Above ground? Hot tub? Adds value in TX/GA but needs adjustment.

8

Current Condition

Distressed, average, updated, or renovated? This is the biggest variable in value.

Common Mistakes

  • Using Zillow sqft instead of county records (can be off by 100+ sqft)
  • Not verifying bed/bath count (converted garages or additions may not be permitted)
  • Ignoring property condition - a "3/2 1500 sqft" can vary $50K+ based on condition

Key Takeaway

Garbage in = garbage out. If your subject property details are wrong, your entire comp analysis will be wrong. Always verify with county records.