To find a fair deal, think like an appraiser

Answer: Think about what an appraiser would do. First, check out prices for comparable properties. Professional appraisers consult public records or listings for information, but the researching tenant has other resources, such as local listing services -- both the Internet and hard copy -- and neighborhood "For Rent" signs with phone numbers to call for specifics.

What should a renter consider? Neighborhood plays a top role in determining value, so look around and decide whether the location you are focusing on suits your needs. Because no two properties are identical, features have to be weighed to create a balanced comparison. Appraisers also consider price, size, age of property, number of bedrooms and baths and property upgrades.

What upgrades are important to you? Will your high-tech needs be met? Is cable provided?

What adds to an appraisal value is quality. Consider the age of the unit, the renovations -- everything that makes up the big picture. For example, is the kitchen graced with granite countertops or faded Formica?

Speaking of the kitchen, another aspect worth considering is appliances. Be sure to find out which appliances are included, especially the refrigerator. Between buying and delivery-installation, providing your own refrigerator can be both a financial and physical burden. But the fancier the existing appliances, the higher the unit will be priced.

Does size matter? Appraisers consider the square footage, or actual size of the living space, when assessing a property. So should renters.

Like to lounge? Be sure the bedroom or living room suits your space considerations, especially if there is going to be more than one resident. Same for closets. If you're a clotheshorse, be sure there's ample space to corral your herd. If you work at home, is there a quiet space to set up an office?

Other appraisal considerations are public nuisances and nearby noise. Is the unit on a busy street? Next door to a commercial center or store?

One tenant rented a place near a local university during the summer. Charm, location -- it had it all -- including a fraternity house next door. Once the fall semester began, the students returned -- bringing plenty of noise to the formerly placid area.

Depending on the neighborhood, gated units are sometimes seen as a plus, especially at newer properties.