What is a "comp?" Essentially, it's the similarities that help determine a property's worth.
Style, age, construction, condition, location, amenities and upgrades all come into play.
Unique properties are more difficult to assess.
Comparables paint a realistic picture. No agent is licensed to pick a number from a hat. All data needs to be substantiated for it to be valid.
In every neighborhood, nuances are important. North of the highway may not be the same community as south, waterfront properties differ from non-waterfront and a description that reads,
"Flood Damaged Home. Some Hazards May Exist. Cash Or 203K … (7 comments)
home buying school district: The Very Best School Districts
- 07/16/17 11:18 AM
The school district topic comes up so frequently in real estate conversation, I've decided to repost an article written a couple of years back for another round of for and against: As a real estate agent, I often anticipate the buyers' request to limit the home search to those properties found within the boundaries of the very best school district. Naturally, I respect that wish as I'm lining up houses to show.
Still, I can't help but wonder why that preoccupation exists. Please understand that I'm not advocating failing schools nor those with a reputation for violence - only delightful, ordinary neighborhood schools.
Years ago, we didn't worry about these things. Whatever school you … (3 comments)
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