If county is apprasing my home at 77k how much should i sell my home for?

Profile picture for lisa1milo
121 Lyon st Mercedes, tx
1980- 3/2-carport, central a/c, indoor laundry room
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January 19 2009 - Mercedes
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Answers (5)

Jeri is dead on... contact an agent and get a CMA on your property, the tax assessor is nothing to do with value to a buyer... good luck!
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February 07 2009
Profile picture for nikki tatum

Tax appraisals and market value can be two totally different figures.  My best advice to you would to be let a licensed real estate agent do a CMA for you.  They would have the most up to date info.

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February 06 2009
Profile picture for coMecr8z
sell it for 85-90k, cuz ppl will always negotiate.
if u sell for 85-90k, they'll try to knock 10k (approx. 10%) off, so u'll end up selling it 80k, wich is 3k above the appraised value.

=)
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February 06 2009
Profile picture for wetdawgs
Tax appraisals and sale values are often miles and miles apart.  If you want to know the possible sales price, get a CMA done (or two or three)
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February 04 2009
Profile picture for Jeri Soulier

Hi, Lisa-
County Assessors in my state are required to physically "re-assess" each piece of property in their county, at least once every 5 years.  Depending on when that was last done on your property, that could lead to some really "stale" assessed values...
There is no magic formula to use with your assessed value to determine a realistic "sales price".  Your best bet is to interview more than one real estate agent, asking them for a free market analysis of your property.  You should get good information on the market that you are going to enter.
Who knows?  You may decide to list your home with a real estate agent after all...
Good luck!

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February 04 2009
 

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QuestionIf county is apprasing my home at 77k how much should i sell my home for?
  • Latest answer by Connie Wildasinn
  • February 07 2009
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