Fair market value, simply speaking, is what a buyer is willing to pay for a property; in other words, "what the market will bear." This is, in essence, what a property is worth. There are many factors that go into establishing the fair market value of a home, and two weighty ones are the home's square footage and number of bedrooms/bathrooms. The home's age, condition and location are also important factors, and the school district can greatly affect value for home buyers with children. Supply and demand is also a consideration. The fewer comparable listings there are on the (0 comments)
Real estate is more than just sales. It's about real people, with real lives, and real dreams of home ownership, peace of mind, and a piece of the "American Dream"!