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Answers (2)
- Mary E. Diaz, "maryediaz"
- Contributions:383
It depends on what you are trying to do. If you currently own the lot and are trying to determine if you are able to sell it and pay off the mortgage before it is foreclosed, then a real estate agent is your best bet. They can look at comparable properties and marketing time in your neighborhood, and help you develop a marketing strategy.
If you are trying to buy the property and do not have/want a real estate agent, then a licensed appraiser will give you an accurate estimate of value.
If you are trying to buy the property and do not have/want a real estate agent, then a licensed appraiser will give you an accurate estimate of value.
- Randy Hooker, "GoingForIt"
- Contributions:395
You best bet is to pay for an appraisal. The margin of error for Zestimates can be quite large, and the tax assessors value typically lags behind the market by 18-24 months. Another option mught be to contact a real estate agent that's experienced with land and lots in that area, and ask him/her to run a CMA for you.
All the best!
All the best!
What is the best method to get an appraisal on vacant land in Catalina, Arizona?
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