Sentences with phrase «similar properties in the area»

The appraiser will go by recent sales of similar properties in the area as a guide.

Knowing the fair market rent for similar properties in your area will give you a good idea whether or not you need to adjust your rent price.

The recent selling price of similar properties in the area determines the final value of a home.

Look at tax record at who has been buying similar properties in the area.

A written justification of value of a property, usually based on an analysis of the price paid for similar properties in the area.

It is important to understand the cyclical nature of the real estate market and understand amenities, vacancy rates and the past values of similar properties in the area.

To start off my journey I am spending this year viewing the profiles of several similar properties in my area of interest to determine the vacancy rate and Gross income.

If your rental is drawing in the kinds of applicants that you are looking for, talk with your property manager to ensure that the asking monthly price is competitive and compares to other similar properties in your area and that are relatively the same age.

The EPA has maintained that Pruitt paid a fair market rate, but multiple news reports have pointed to rents for similar properties in the area that undercut that claim.

Investopedia advises landlords to find out what similar properties in the area are renting for, in order to price yours accordingly.

SmartAsset points out that considering the rent of similar properties in your area can help you avoid charging rent that's too high, which can make it difficult to find quality tenants.

Before you take the plunge and buy a home, tally up these amounts, along with any additional closing costs when buying, subtract your tax benefits, and see how your outlay compares to what you would pay to rent a similar property in your area.

Recent sales of similar properties in the area.

A similar property in the area would've cost Cruikshank at least $ 500,000, not including annual costs.

An appraiser will estimate the value of your property based on numerous characteristics including, but not limited to, location, recent sales for similar properties in the area, gross living space, and the property's physical condition.

The appraiser's assessment compares the chosen property to similar properties in the area that have recently sold, which allows the appraiser to determine the value of the chosen property under current market conditions.

The most banks, and particularly Humongus make a distinction between the market value of a property (the value of a property in relation to similar properties in the area and the price that the buyer and seller agree is «fair» and «reasonable») and the properties value for mortgage purposes (the discounted value that the bank will accept in granting a mortgage).

In my opinion, for the condition of the property it was priced alright for the area, the thing that was preventing it from selling was the very high property taxes (much higher than similar properties in the area), and I don't think the broker really marketed the property very well.

Find an investment that is attractively priced (compared to similar properties in the area), add as much value as you can (without spending too much), and then rent or sell for the highest price possible.

Valuing luxury properties can be a challenge since often there are no similar properties in the area.

Most residential real estate is valued using comparables - similar properties in the area that have recently sold.

New communities are definitely enticing to frustrated buyers, but many can be overpriced when compared to similar properties in the area.

Similar properties in the area rent for $ 850 per month.