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Getting an appraisal on a unique property.

By
Real Estate Agent with Red Rock Real Estate (435) 632-9374 UT DRE# 6541633-SA00

Getting an appraisal on a unique property.

 

After exhausting every avenue known to obtain market value for a client's unique home, the next step was recommending a local, reputable appraiser. My clients agreed for the following reasons...

 

Their home offered all-inclusive resort-style amenities like:

  • One-of-a-kind, quality built construction standards
  • Custom infinity line pool and jacuzzi with waterfalls
  • Private yard, no surrounding neighbors nearby
  • Amazing unobstructed views from every direction
  • Backed up to the natural landscape of a Nature Preserve

 

The homes in the surrounding area were dissimilar, so it was very daunting. The appraiser created a formula that took all of this home's upgrades and uniqueness into account, therefore giving true market value.

 

The process enabled me to price the home realistically, contact potential buyer agents looking in that particular range and satisfy the clients expectations of getting the home sold quickly for more money.

 

Mission accomplished!

 

Sellers: When hiring an appraiser before listing a unique home for sale in a community, it is pertinent to contact those with stellar reputations, who are committed to their industry and are locally established!

 

Anything less than that won't do. 

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I, Wanda Kubat-Nerdin at Red Rock Real Estate Utah am responsible for my opinions expressed in this blog. Information herein is deemed to be reliable but not guaranteed and may change due to market conditions. Please do not take my pictures or artwork and use them as your own, they are my property and copyrighted.

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Wanda Kubat-Nerdin is a southern Utah REALTOR® assisting buyers and sellers in in the St. George area, Dammeron Valley, Diamond Valley, Veyo, Central, Hurricane, Ivins, La Verkin, Leeds, Santa Clara, and Washington real estate markets.
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Red Rock Real Estate
90 E 100 S, St. George, UT 84770

BuynSellUtah.com
Mobile: (435) 632-9374 call or text
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Comments (4)

Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

I have a very unique one coming up...it can make for an interesting price discussion.

Apr 20, 2016 11:53 PM
Wanda Kubat-Nerdin - Wanda Can!

Getting an appraisal up front is a viable option that works Jeffrey DiMuria 321.223.6253 www.SpaceCoastHomesNow.com, I wish and your clients the best outcome!

Apr 21, 2016 12:34 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Wanda. I think you were very smart getting an appraisal up front. Keep us posted. 

Apr 21, 2016 12:59 AM
Wanda Kubat-Nerdin - Wanda Can!

Sheila Anderson, There are some things that I will leave to a professional who knows 'his / her' business! My clients were able to cash in on the equity in their home once it sold.

Apr 21, 2016 12:33 PM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Cost projection of a replacement is about the only way with no comps

Apr 21, 2016 12:10 PM
Wanda Kubat-Nerdin - Wanda Can!

William Feela, I was thankful the appraiser was able to provide a realistic price where I was not!

Apr 21, 2016 12:32 PM
James Dray
Fathom Realty - Bentonville, AR

You can do all the comps you want but in the end its the appraisal that either makes or breaks the deal.  Good to hear it all worked out

Apr 21, 2016 07:55 PM