Rental Evaluation

That when determining the rental value of a single family home, typically most of the value is in the structure? Even a view will have less value on the rental market than it does on the sales market. For example, a small older home on a large view lot will have a relatively low rental value, even if the sales value is high. The tenant doesn’t care about the potential of the property; s/he is renting that small older home. This is especially true in the current market where many properties that were prepared for the sales market – totally updated or even new construction – are now on the rental market.

About Coldwell Banker Bain Property Management

As residential property managers for Coldwell Banker Bain Property Management Division, we manage single family residences, individual condominium units and small apartment complexes in the greater Puget Sound region. We serve Seattle, Tacoma, Anacortes, Marysville, Bainbridge Island, Lynnwood, Everett, Redmond, Bellevue and many other cities in Washington State. We also offer full service commercial property management.
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