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why is my home declining in price when every thing around me is stable or going up in price.

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utahduke

sandy Ut

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Propety in question in 2 wanderwood way Sandy Ut. 84092. is it being properly evaluated. I notice another figure that appears in the same lot boundry, should I add the two number to get the property value? I sure love to see what is happening in the home market and use it weekly in my inventory analysis.
Duke DeForest
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May 04 2007 - Sandy
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Duke,

Zillow is a good resource to get an "idea" of value. If you want a true idea of value you should talk to a professional, an Appraiser or a Realtor. I think Zillow has trouble with neighborhoods like Pepperwood because there is a lot of fluctuation within the neighborhood. For example within the Pepperwood area in the last 90 Days 11 homes have sold that range from $437,000 - $2,850,000.

Now let me do a quick estimate of value for you, because I believe Zillow is way off on this one. In my opinion, if you were to list your home today I think you could get anywhere from $690,000 - $720,000, and it would sell in less than 90 Days. Depending on the condition and amount of upgrading you could possible push it up above $720,000.

I hope that gives you a better idea of the value of your home. I get calls everyday from people just wondering what the value of their house is. Even if you aren't looking to sell, you can always give me a call or an email and I would be more than happy to give you an update.

Thanks,
Bryan Maynes - Realtor
Dwellings Real Estate
801.631.7530 - Phone
maybry@wfrmls.com - Email
bryanmaynes.blogspot.com - Web
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May 07 2007
 

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