patrick.net

Depends...

Standard residential in a city you'd measure by what it would rent out for. Commercial or something out in the country is a little different.

If your paying with freshly printed counterfeit money it's the value it last sold for. That way you get to keep your job.

I value a property purely based on my max limit I was willing to pay.
After that it was a matter of comparing amenities.
In my quest language like "Fully updated" was a disqualifies for me. Being that I'm drawn to houses built pre 1975, that usually meant, sturdy top quality cabinetry and fixtures were ripped out and replaced with cheap or gaudy, home depot Junk that will look cheap flimsy and dated with in 10 years. Like a living room decorated in silver and mauve furnishings in the 80's, flashy but the plastic and particle board crap has long been tossed. Where as that sturdy furniture that was given to a thrift store back then is still going strong re-purposed in someone Else's living room, that appreciated the rugged sturdiness of furniture built in the 60's and before.

I just wasn't interested in someones Ikea taste. So I actually looked for a house that had the original cabinets and fixtures, for two reasons. First if I replaced them it would have been with my taste and from a supplier that doesn't sell the same old crap you find at home depot and lowes. The second and best reason, people that haven't put the time and money in those items I don't care for, wont be expecting me to pay them for it in the price I paid.

Land, Yard, Space, sq footage and Rooms, then can I get it in my budget.

Everything else wasn't worth it at any price. Like they say, if you have to ask, you probably can't afford it.

Do you have a specific type of property that you prefer over others, like SFH vs multi, or duplex/4-plex, where you can turn or rent it quicker, or do you take each property for what it is and what the market is for that type of property?