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Answers (6)
- Jay Myers, "Denton County Agent"
- Contributions:53
Hello Ish,
I looked up your home over there in Country Lake North Subdivision. As you know Argyle is an area with many larger homes, or homes with larger lots. When I pull comps for your house there is only one Sold in the past 6 months, and that is the one over on 5526 Brookside Dr, it is very similar to yours and is also 1519 sq ft. It sold for $141K in Jan 2009. It was listed for $139K, so safe to say the Buyer rolled in some closing cost.Typically at least 3 solds are used to base a market value.
As I am sure you also realize the market has been somewhat flat since 2007, so annual appreciation has not been as great as it would be in a "normal" market. There is also the factor of when buying new construction, a premium price is typically paid, unless it is a inventory property and the builder is trying to get it sold.
If I were marketing your home, and based on sight unseen estimate, and the limited comps and assuming normal maintenance, very few upgrades have been done I believe $150K - $155K is a competitive list price. I am sure this is not what you wanted to hear, but if things keep going strong as they are now value will continue to increase.
What happens after the First Time Homebuyers Tax Credit expiration on December 1st, whether it is extended, or if it ends and the mass of first timers stop buying is what I believe is really going to determine the housing market in the near future. Hope this helps, if you have any other questions or comments feel free to contact me directly.
I looked up your home over there in Country Lake North Subdivision. As you know Argyle is an area with many larger homes, or homes with larger lots. When I pull comps for your house there is only one Sold in the past 6 months, and that is the one over on 5526 Brookside Dr, it is very similar to yours and is also 1519 sq ft. It sold for $141K in Jan 2009. It was listed for $139K, so safe to say the Buyer rolled in some closing cost.Typically at least 3 solds are used to base a market value.
As I am sure you also realize the market has been somewhat flat since 2007, so annual appreciation has not been as great as it would be in a "normal" market. There is also the factor of when buying new construction, a premium price is typically paid, unless it is a inventory property and the builder is trying to get it sold.
If I were marketing your home, and based on sight unseen estimate, and the limited comps and assuming normal maintenance, very few upgrades have been done I believe $150K - $155K is a competitive list price. I am sure this is not what you wanted to hear, but if things keep going strong as they are now value will continue to increase.
What happens after the First Time Homebuyers Tax Credit expiration on December 1st, whether it is extended, or if it ends and the mass of first timers stop buying is what I believe is really going to determine the housing market in the near future. Hope this helps, if you have any other questions or comments feel free to contact me directly.
- Ish_j
- Contributions:3
Zillow has not listed
Ish_j -
If we were able to acquire enough public information for your home, then we may have already published a Zestimate value for it. However, the Zestimate value is not an actual appraisal for the home. It is just an estimated value of the home based on public records.
Type your address in the empty box at the top of the page and hit the blue GO button. You should see a map and a value for the house if Zillow has it listed.
If we were able to acquire enough public information for your home, then we may have already published a Zestimate value for it. However, the Zestimate value is not an actual appraisal for the home. It is just an estimated value of the home based on public records.
Type your address in the empty box at the top of the page and hit the blue GO button. You should see a map and a value for the house if Zillow has it listed.
- Ish_j
- Contributions:3
My house is located in Argyle, TX 76226
It is a single family home 3-2-2
Built 2007. paid $140,000 for this new home
TX
ish_J
It is a single family home 3-2-2
Built 2007. paid $140,000 for this new home
TX
ish_J
- Yolanda Graham, "ydgraham"
- Contributions:27
Hi-
I'm not sure where your property is located but a good source for more information is www.realtor.com.
I typically refer my clients to realtor's site or if you're in the georgia area you can get more information at mine www.yolandagraham.com.
Hope this helps.
Yolanda Graham - Realtor (Atlanta Real Estate)
Coldwell Banker Residential Brokerage, LLC
I'm not sure where your property is located but a good source for more information is www.realtor.com.
I typically refer my clients to realtor's site or if you're in the georgia area you can get more information at mine www.yolandagraham.com.
Hope this helps.
Yolanda Graham - Realtor (Atlanta Real Estate)
Coldwell Banker Residential Brokerage, LLC
- Ann Thai, "annthai"
- Contributions:79
Hi Ish-J,
In order to help you, I have 2 questions:
#1 IWhere is our house located? Is it a single family home, townhouse or condo?
#2 Demand and Supply-is there a lot of houses for sale in this area where this house is located at? Keep in mind, real estate is very local. If there are not many houses around there for sale, and there are more buyers looking to buy in that location, you should sell it ASAP.
Ann
In order to help you, I have 2 questions:
#1 IWhere is our house located? Is it a single family home, townhouse or condo?
#2 Demand and Supply-is there a lot of houses for sale in this area where this house is located at? Keep in mind, real estate is very local. If there are not many houses around there for sale, and there are more buyers looking to buy in that location, you should sell it ASAP.
Ann
I would like to know much is my house worth?
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