I am looking at buying a house in a market minus many comparable sales? Fueling the debate on the value of a specific property is the fact that the owners paid a certain price which was negotiated in early 2008. Most likely march of 08 to be exact. The housing collapse started just shy of that point and has continued over the following 4 years to the bottom which we believe is current day.
How can I find out the market value of this specific house without anything to compare it too?