More data is not better data. I advise my clients to look for indications of negotiation points, like comparable sales, the seller buying another property, and neighborhood issues that are chasing the seller from their property (this is common if a building project is nearby or the taxes just went up… that kind of thing.)
Junk data hurts buyers by creating distraction from understanding market value. Buyers need to know market value in order to negotiate for the fair price. Assessed value has no relationship to market price. But, but, but…how can a property be worth more than what the town or city assesses it for? Don’t the town or city
More data is not better data. I advise my clients to look for indications of negotiation points, like comparable sales, the seller buying another property, and neighborhood issues that are chasing the seller from their property (this is common if a building project is nearby or the taxes just went up… that kind of thing.)