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value of a property: Defining Value in Real Estate - 11/15/08 03:29 PM
Many Sellers today have a Perceived Value of what their property is worth. They will value their property based on a recent sale in the neighborhood or a past appraisal that was done when the seller refinanced. A seller will also justify a final value based on location, recent renovations, and additions done to the home. Absolute Value is what a buyer is willing to pay for a home. A buyer will determine this value by asking a realtor about the sale price of comparable sold properties, as well as comparing the price of similar available properties. Buyers will determine
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Ralf Simon
Lansdale,
PA
More about me
Remax Central
Address: 1110 N Broad St, Lansdale, PA, 19446
Office Phone: (215) 362-2260 x 1774
Cell Phone: (215) 479-8067
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