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Group #4 House in P.V. vs. House in Diamond Bar. Jeffery Small - Organizer Jon Lerdsuwanrut - Secretary David Lopez - Techie David Wong - Techie. Scenario. To compare two houses of same initial value for investment purposes and to predict different factors that can effect its value.
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Group #4House in P.V. vs. House in Diamond Bar Jeffery Small - Organizer Jon Lerdsuwanrut - Secretary David Lopez - Techie David Wong - Techie
Scenario • To compare two houses of same initial value for investment purposes and to predict different factors that can effect its value. • To buy a bigger house in a lower ranked city or a smaller house in a higher ranked city. • Estimate the future value of the two situations.
Possible House for Palos Verdes Estates • Rancho Palos Verdes, CA 90275 • Cost: $1.5 Million • No Gated Community: • 4 Bedrooms • 3.25 Bathrooms • 3100 square feet • 2 Car Garage • Pool
Possible House for Diamond Bar • Diamond Bar, CA 91765 • Cost: $1.5 Million • Gated Community: • The Country • 4 Bedrooms • 4 Bathrooms • 3,994 square feet • 3 car garage • Horse Stable
Things We Are Comparing • Future Value • Size of house (square footage) • Community • Property Tax • Future Development • Age of House • City Ranking
Resources • Century 21 • Prudential • Google.com • Housevalue.com • Mercury.com • Allstate.com