Real estate blog entries tagged with does market value equal perceived value by Mary Thompson Lake Lanier Appraiser in Georgia (LakeFrontPros.com)

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Home : Blogs : Mary Thompson Lake Lanier Appraiser in Georgia : Mary's Blog : Tag "does market value equal perceived value"

does market value equal perceived value: Does Perceived Value = Market Value? I want your input on this one!! - 06/16/11 04:49 PM

With the recession (I believe we actually had a depression not a recession) comes the law of unintended consequences!
Here is the deal. I want to hear your take on this!

Buyers are so used to price after price after price reductions and LOW, LOW sales prices that their perception of VALUE may be skewed and it may not be in their best interest.
Case in point. I appraised a home where the last sale in the same S/D was just a month prior for $125,000. Very similar style, appeal and quality home. The buyer really wanted to be in … (11 comments)

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Mary Thompson Lake Lanier Appraiser in Georgia

Flowery Branch, GA

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Address: 5747 Garden Walk, Flowery Branch, Georgia, 30542

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