I live at 214 Lakeview in Grosse Pointe Farms

Profile picture for LA214
How can my house, which has historically been within a few thousand dollars of the house next door at 212 Lakeview suddenly drop like a stone, and the 212 house go up when neither has had improvements or deteriorations.  In fact , we just planted $4000 worth of trees planted along the drive to improve curb appeal.  Your estimates are all over the lot and seem very capricious.  Please advise.
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August 11 2011 - Grosse Pointe
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Answers (2)

Profile picture for Laina C
I know that area well and my best advice would be to go get a Comparative Market Analysis from your Local Realtor. He or She will give you a much clearer view of what both you and your neighbors property is worth.

There has been much confusion in today's market with the economy the way that it is. Everyone thinks there property is worth what it was ten years ago and that is just not true. The one good thing about that is, if your property dropped so did your neighbors. We are all in the same boat floating up crappy creek so fortunately you can find great deals out there.
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August 12 2011
Profile picture for Mark Gelbman
I have to tell you, from a lenders point of view, that values you pull off the web can be dubious at best. The system does not know anything about the trees. Values are based on the state of your home when you purchased it, and sales of homes in your area.
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August 11 2011
 

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Profile picture for Laina Conklin
QuestionI live at 214 Lakeview in Grosse Pointe Farms
  • Latest answer by Laina Conklin
  • August 12 2011
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