Real estate is different from other commodities in that there are no two products that are the same. The reason for this is that building conditions and location conditions differ. In addition to that, it is because the seller's desired sale price based on the seller's debt situation, the seller's desired time of sale, and other desired conditions of sale differ.
Therefore, especially in the case of used properties, the asking sale price differs even for adjacent single-family houses and condominium units.In the case of an office building or a retail building, even if the monthly rental income is equivalent, the seller's desired sale price will differ greatly if the building conditions and location are different.