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Required Search Criteria
| Start Price |
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| End Price |
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| Property Type |
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| County |
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| Bedrooms |
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| Full Bath |
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Optional Search Criteria
| **Enter MLS numbers, separated by commas. Example: F12345,
F54321 |
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We Offer A FREE Property Market Evaluation Market value is generally defined as the price a willing buyer would pay a willing seller for a property in its present condition, with neither buyer nor seller under pressure to act….An arm's length transaction!
A number of factors may affect a residential property's market value, including:
- External characteristics - "curb appeal", home condition, lot size, popularity of an architectural style of property, water/sewage systems, sidewalk, paved road, location, etc.
- Internal characteristics - size and number of rooms, construction quality, appliance condition, demonstrated "pride of ownership", cooling type, energy efficiency, etc.
- Supply and demand - the number of homes for sale versus the number of buyers; how quickly the homes in your area sell
- Location- desirability for a particular school district, neighborhood, beach, shopping, etc.
The Sales Comparison Approach The most common way to determine the market value of a residential property is to use the sales comparison approach. This is the primary method used by professional appraisers to determine the market value of residential properties.
We also use the Sales Comparison approach to determine your property's market value. We examine recent sales of at least three properties in a general (or similar) neighborhood, building, or area. Comparable sales should include characteristics similar to a given property, square footage, style, age, construction type, lot sizes, views and location of the property.
We research current properties that are on the market or under contract to find the competition for your property. From all of this we can we can give you an accurate understanding of your property's market value.
Sometimes it may prove difficult to find an exact comparable sale, and allowances must be made. To arrive at an estimated market value, dollar adjustments are made for differences between the property being valued (also known as the subject property) and the comparable properties that have sold.
It is important to consider the circumstances of recent sale- perhaps the seller was desperate to "unload" the home, or the buyer paid much more than the asking price because there were other interested parties. Market value and sales price are not always the same.
Contact us for your FREE Property Valuation |
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