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Answers (8)
- Denise Lavell, "BeachGirlRealty"
- Contributions:32
You have gotten some great suggestions. Zillow's Zestimate will give you an idea of the value. BUT, this is when input from a licensed Realtor who specializes in your particular area can make a tremendous difference. In the beach cities, there are so many variables that impact the value of a property or home. Give me a call. It would be my privilege to be of service! Good luck ...
- sunnyview
- Contributions:25139
Zillow does not do appraisals, but to get a Zestimate,, you can go here enter your address in the Find Homes box and hit the blue GO button. If Zillow has one for the house, a map will come up for the area. Click on the address box to get to the home page.
A Zestimate is not an appraisal though. If you need more specific value information an agent in your area can help with MLS info and a CMA with more detailed information. There is more information about Zestimates here. Hope it helps.
- Tracey Nesicolaci, "tracey19571774"
- Contributions:10
Compare the similiar homes in your area that have sold. You can use many of the online sites including Zillow. I do believe you will have a much more accuarate number if you speak to a professional realtor. Give me a call as I would be more than happy to help you. Thanks, Tracey
- Deb Forte, "debbieforte"
- Contributions:271
Good Realtor. You can, also, research what is for sale on line to give you an idea. We go by what has sold. Best of luck.
- Tony Accardo, "BeachCityTony"
- Contributions:96
All great suggestions here... The definition of value can be an entire new conversation but in Real Estate we use only Sold Data. Many appraisers consider the 'type of sale a condition' as well and in today's market with a variety of distressed type dispositions you have to agree. Appraisers like to use comparable properties which are a) within +/- 200sf of living space and within +/- 400sf of land space, b) within the same sale type ('distressed'/'standard' sale), c) like type (ie. stand alone home, town home, condo, etc.), d) constructed within a similar time (+/- 10yrs is usually fine), and e) review the comparable sold property for adjustments (upgrades, type of financing used to purchase, conditions of the sale, etc.). If all of these conditions for about three comparable properties can't be met within close proximity of the subject property then an appraisal may include inventory in escrow and (rarely) inventory active on the market (with an average sold to list price adjustment).
I often get this question when a neighbor is looking to purchase one another and are looking for an amicable solution for value. Multiple appraisals can work however often the appraiser can be influenced by the transaction in general (who is paying for the appraisal) which could certainly defeat the purpose obviously... My suggestion would be to list the property with a good local Realtor which knows how to effectively market the home to as many potential buyers as possible (not an ad in the Beach Reporter by the way!) and have a clause in the listing contract with a single party 'right of first refusal' with a fixed discount provision as it relates to real estate commissions. Be sure to offer the Realtor fair compensation to offset marketing/transaction expenses as well.
The result is most certainly an amicable one since you're comparing the value to real market conditions as it relates to what the home 'could' be worth...
Best of luck! Please consider my services if you are located within my marketing areas... ~ Tony
I often get this question when a neighbor is looking to purchase one another and are looking for an amicable solution for value. Multiple appraisals can work however often the appraiser can be influenced by the transaction in general (who is paying for the appraisal) which could certainly defeat the purpose obviously... My suggestion would be to list the property with a good local Realtor which knows how to effectively market the home to as many potential buyers as possible (not an ad in the Beach Reporter by the way!) and have a clause in the listing contract with a single party 'right of first refusal' with a fixed discount provision as it relates to real estate commissions. Be sure to offer the Realtor fair compensation to offset marketing/transaction expenses as well.
The result is most certainly an amicable one since you're comparing the value to real market conditions as it relates to what the home 'could' be worth...
Best of luck! Please consider my services if you are located within my marketing areas... ~ Tony
- FRAN ROKICKI, "FRAN SELLS CT!"
- Contributions:309
Zillow and a good Realtor. You can, also, research the field card which may be available online. If you cannot find it online, simply visit the town hall in the town where the property is located.
- Rob McGarry, "BeachHomeBroker"
- Contributions:6
You can input their address to see what Zillow says it's worth, but if you are really looking for market value, a Realtor is the best way to go.
- wetdawgs
- Contributions:26833
You can get a Zestimate for most homes in the US by typing the address into the box on the "homes" tab, and hitting the blue go button. You can get more details (including the Zestimate range) by then clicking on the blue address in the pop up box
I want the home value of a home not on the market at this time? how do I search for that?
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