I'm buying a home in Storm Lake, IA - How do I know what a property is worth in the current market?

By
Real Estate Broker/Owner with Weaver Realtors B55786000

I'm a first time home buyer in the Storm Lake IA area.

I have looked at a lot of properties in the Storm Lake IA area and found 2 that I really like. But, how much should I offer the Sellers?   How do I know what a property is worth in the current Storm Lake homes market, I don't want to over pay but I don't want to offend the Sellers either?   

Q:
As a Buyer, how do I decide on how much to offer on a property?   Allie K.

A: Allie,
Thank you for your question, it is a good one! Our office does research called a - Comparative Market
Analysis (CMA) for BOTH Sellers and Buyers. A CMA includes similar homes that have sold in the last year. We make adjustments for differences like size, number of bathrooms, and number of bedrooms. The result is a dollar range the home should sell within.
We do the research for both the Buyer and Seller in the Storm Lake IA area because it helps to show the seller what prices similar properties have recently sold for and it helps a buyer determine if the home is priced correctly.

We think it's important to let the facts speak for themselves!


Have a question? email me or
CALL US  712-213-HOME
Georgia@WeaverRealtors.com
                607 Lake Ave
               Storm Lake, IA
        www.WeaverRealtors.com

Posted by

Georgia A. Weaver, GREEN, CNE, CRS, GRI, 
Broker Owner and Iowa Certified General Contractor

Weaver LLC Realtors
"A Promise Made is a Promise Kept"

607 Lake Avenue
Lake Avenue
Storm Lake, IA 50588
Office 712-213-4663 (HOME)
Direct 712-291-0118

www.WeaverRealtors.com

BUY - SELL - INVEST
Visit our Design Center

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Iowa Buena Vista County Storm Lake
Tags:
cma
georgia weaver
storm lake ia
homes for sale
offers
buy a home
sell a home
buyers
sellers

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
91,494

Georgia Weaver

A Promise Made is a Promise Kept! 712-291-0118
Ask me a Storm Lake IA area real estate question.
*
*
*
*

Additional Information