Sentences with phrase «comparable homes in the neighborhood»

Print out a list of comparable homes in the neighborhood to provide to the appraiser.

Research the assessed value of other comparable homes in your neighborhood; if they're being assessed differently, you may have a case for relief.

You will need to take into account the condition of your home, what comparable homes in your neighborhood are selling for, and state of the overall market in your area.

Before making an offer, check the recent sales prices of comparable homes in the neighborhood to see how the seller's asking price stacks up.

Others use recent sales of comparable homes in the neighborhood, and you may be able to challenge the assessment by doing your own research.

Not exact matches

Your home appraiser will calculate the value of your home by conducting an in - person walk - through of the home to record its square footage, the number of bedrooms and baths and condition — comparing it to county records and recent sales of similar properties in comparable neighborhoods.

If you add a pool, not only can you entertain and throw pool parties, you can increase comparable values and make your home more valuable than others in your neighborhood.

Look online at listings for homes that have sold recently, or look for figures on recent sales in your neighborhood or of comparable homes.

The reasons for this boom are multifold: MHI reports that manufactured homes can run 20 percent to 50 percent less per square foot than comparable site - built homes; 60 percent of them are now installed on private property instead of in so - called mobile home parks (25 states have passed laws making it illegal to discriminate against putting manufactured homes in site - built neighborhoods); and they can be erected in five to eight weeks.

Scott Williams, with Prudential California Realty in Santa Barbara, Calif., has a unique Web site called Prime Voyage.Among its other features, this site enables home owners to interactively create a real - time CMA of their property that takes into account differences in square footage, condition, time since sale, and other factors from comparables found in their neighborhood using a Google Map interface.

Educate: Educate the buyer on the area, what comparable homes are selling for, the average price per square foot in the neighborhood, and every stage in the buying process.

Tom did an excellent job of finding comparables for what must have been a relatively difficult property to appraise: a small, older home in a good school district, situated in a once semi-rural neighborhood that is now becoming attractively developed.

This report asks the appraiser a number of questions, including what the home's interior and exterior look like, what neighborhood it's located in and what nearby comparable sales there are.

But to really ensure that your home will sell fast, be sure the upgrades that you carry out before you sell it are comparable with other houses in your neighborhood.

After you find the right home, your real estate agent will help you come up with and negotiate an appropriate offer based on the value of comparable homes in the same neighborhood.

If You Live in An Older Neighborhood - As neighborhoods change over time each home may be different in minor or substantial ways and you will probably find that there aren't many homes truly comparable to your own.

From HomeGain's March 9, 2000 press release: «HomeGain's highly popular valuation tool, for example, gives home sellers an estimated home price value range of their home for free in just 10 seconds, including comparable sales figures for homes in their neighborhood.»

Second, what do the rents look like in the neighborhood currently for comparable homes?

Conduct your own research on comparable home sales in the neighborhood to validate pricing.

Comparables are similar homes that have recently sold in the general area or even that specific neighborhood or subdivision.

Therefore, «listing your home for less than comparable ones in your neighborhood is the best way of unloading it as quickly as possible,» according to the article.

When they narrow in on an effective price, real estate agents have access to comparable home sales and neighborhood information dating back years.

«When appraisers appraise a home, there are a few different way that they can do that, but the vast majority of underwriters require that the valuation from the appraiser be based on comparable properties in their neighborhoods,» says the Energy Department's Danielle Sass Byrnett, who supervises the residential side of the Better Buildings program.