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lagman <dan_hoffard@hailmail.net> writes:
> Am I crazy, or is it wrong to do a market analysis without taking into
> consideration the sub-division? Our home is a Continental Home, and
> many of the comps were Centex and Fox and Jacobs Homes. Because I'm
> of course biased toward wanting a higher price for my home, I'm
> afraid to automatically discard this Realtor's analysis, which is why
> I could really use an outsider's opinion.
Subdivision plays into value surely, but depending on that
"better"-ness of the subdivision is perceivable to folks seeing it
will dictate whether it translates to an actual higher sales price.
The home is worth only what someone is willing to pay for it in this
market.
But only running the numbers on comps in a radius without weighing the
ones in your better subdivision higher may be an indication that the
realtor in question isn't terribly familiar with your area.
I think I might involve a third realtor before settling.
And there are realtors who'll give you a higher than realistic number
just to get the listing and then pressure you a lot to drop the price
when it invariably sits on the market for 30 days without any
nibbles.
Best Regards,
--
Todd H.
http://toddh.net/
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Re: Realtor Market Analysis Question
