Price of home.

Profile picture for asafdar34
Please let me whether a house on 943 Abbey drive, east lansing , MI 48823 is worth $390,000 while the other homes on the Abbey drive are priced at 235, 000 to 250000 as per your web site?  What reasonable price should I suggest for this home.  This home is on the market for more than 6 months.  My e mail address is asafdar34@gmil.com
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October 04 2010 - East Lansing
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Answers (4)

Profile picture for John Squier
I agree with Mills Realty...DON'T rely on any Zestimate! Zestimates provide a range of values, some more accurate than others. You are always best served to work with an expereinced real estate agent to help you determine market value and buyer behavior.
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October 12 2010
If your local Assessor information is online, you can use as a gauge (and only a gauge) what this house is assessed at as compared to the other homes.  It may give you an idea that it has some upgrades, greater size, etc. 

I will also mirror the other two agents:  find an agent to help you so you do not overspend.  Using an agent to buy a listed property costs you NO money, and you benefit from their expertise.

I know several Lansing area agents and would be happy to recommend one to you if you need some direction.
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October 05 2010
Zillow is a great tool to get a ballpark figure on a house.  If you want to get more exact details, I would suggest to contact a local agent in your area to assist you in this process.  Or if you feel comfortable doing this yourself there are ways but without access to the MLS and other features that licensed agents have, but it could not be as accurate as you might want.

Cheers!
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October 04 2010
Profile picture for Mills Realty
First of all don't rely on the Zestimate to assist you in valuing property.  You would be better served contacting a local agent to represent you in the buying of this property.  Have the agent provide you with all of the pertinent information.  In addition there are many agent willing to rebate you a portion of their commission assuming it is legal to do in Michigan.
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October 04 2010
 

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Profile picture for John Squier
QuestionPrice of home.
  • Latest answer by John Squier
  • October 12 2010
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