What are the standard ways of finding out what a house is valued at?
A comparative market analysis and an appraisal are the standard ways consumers, lenders and realty agents deterimined what a home is worth. Your real estate agent will be happy to provide a comparative market analysis, an informal estimate of value based on comparable sales in the neighborhood. You also can research “the comps” yourself by checking on recent sales in public records. Be sure that you are researching properties that are similar in size, construction and location. This information is not only available at your local recorder’s or assessor’s office but also through private companies and on the Internet. An appraisal, which generally costs $200 to $300 to perform, is a certified appraiser’s opinion of the value of a home at any given time. Appraisers review numerous factors including recent comparable sales, location, square footage and construction quality.
The standard way of finding the value of a home is to get a full appraisal (Form 1004) completed by a local real estate appraiser. This for will include all of the following information at this link: https://www.efanniemae.com/…/1004.pdf (This is a blank sample appraisal report) This is a very detailed appraisal report with value that usually costs about $350 (can vary depending on your market and size of home). For more information or to order an appraisal, you can try http://www.appraiserloft.com/ .
A comparative market analysis and an appraisal are the standard ways consumers, lenders and realty agents determine what a home is worth. Your real estate agent will be happy to provide a comparative market analysis, an informal estimate of value based on comparable sales in the neighborhood. You also can research “the comps” yourself by checking on recent sales in public records. Be sure that you are researching properties that are similar in size, construction and location. This information is not only available at your local recorder’s or assessor’s office but also through private companies and on the Internet. An appraisal, which generally cost $200 to $300 to perform, is a certified appraiser’s opinion of the value of a home at any given time. Appraisers review numerous factors including recent comparable sales, location, square footage and construction quality. —————————————-[ Back to Top ]—————————————- Q: How can I improve the
Key West Real Estate A comparative market analysis and an appraisal are the standard ways consumers, lenders and realty agents deterimined what a home is worth. Your real estate agent will be happy to provide a comparative market analysis, an informal estimate of value based on comparable sales in the neighborhood. You also can research “the comps” yourself by checking on recent sales in public records. Be sure that you are researching properties that are similar in size, construction and location. This information is not only available at your local recorder’s or assessor’s office but also through private companies and on the Internet. An appraisal, which generally cost $200 to $300 to perform, is a certified appraiser’s opinion of the value of a home at any given time. Appraisers review numerous factors including recent comparable sales, location, square footage and construction quality. ——————————————————————————– Q: Can you buy h