No Little Boxes in Sylva NC...What Is Your House Worth?Monday Melodies

Real Estate Broker/Owner with MoonDancer Realty, Dillsboro,NC NC# 218097, lots of agents I've been pretty busy.  Buyers needing to see properties, contracts to write (yes!), new listings-paperwork for new listings-photos for new listings, and fielding phone calls.  Lots of phone calls from people "thinking" about listing their homes.  Digging a little deeper, more than a few won't be listing their homes for quite some time or their neighbor's house just went on the market and they don't really want to list their own house just curious about the market value.  I get it.  The challenge in small towns in the mountains of Western North Carolina is to find good comparable recent sales of as similar properties as possible.  The callers are surprised to find out it might take a day or two to find out the answer what is their house worth.


Why?  We don't have suburbs or developments like larger cities.  There are no neighborhoods of blocks and blocks of identical houses with different paint colors or the choice between 2 or 3 bedrooms, garage or no garage, back deck or no deck.  No row houses, no single developer for all of those houses and certainly no overabundance of spec houses. (Side note - favorite misspelling in MLS which happens often "speck houses").  Heck no, that would be too easy and then what would happen?  Well obviously, we'd have lots of bored agents with too much time on their hands and chaos would rule supreme!


No, we have septic sizes to consider. One story, two story and my and a half story. We have state road, paved road, gravel road choices.  State maintained, community maintained, maintenance agreements and no maintenance agreements.  We have spring water, private well, shared well, with or without maintenance agreements and every once in a while there is city water and sewer.  There are fireplaces, no fireplaces. Any number of ages and architectural stylings in one neighborhood.  County kitchens, formal dining rooms, great rooms.  Decks, covered or not.  Views, creeks, rivers, lakes.  Close to town, far to town.  Comparable sales might be 2 miles away or 20 miles away!


It takes time and patience to analyze all of that data.  I think most of the agents who take the time and do the research do really well determining a list price.  In fact, if a consumer calls for market value advice and some agent says I'll call you back in 10 someone else!


While we do have our small share of ticky tacky...we reside in an area of uniqueness and that's why we have so many people interested in moving here.  What we don't have is all little boxes all looking the same.


If you are interested in knowing if your house is worth what your neighbors have theirs listed for, you won't know until it sells...just have patience.  However, if you are interested in listing your house for sale...give me a call and I'll help you figure out what your house is worth in the Sylva, NC area!


Agents...this song usually takes a week or so to move out of your head lol.


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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Mona. No quick answers, just the necessity of knowledge and the ability to compare! March on with your expertise. Enjoy your day!

May 22, 2017 05:36 AM #1
Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

I agree getting an accurate value takes time for some areas.   We've got some that are rural but 90% of my deals are in complete suburbia.  FOr those, its pretty clear what the house is worth.  (I type this, listening to the song... Never heard it before..)

May 22, 2017 06:35 AM #2
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Yea Mona, Your back with your songs,  miss you here in the rain and a great way to start out a monday


May 22, 2017 06:37 AM #3
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Mona. I really like this song and enjoyed your post so much. No little boxes here either. Have a great day.

May 22, 2017 06:43 AM #4
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Mona Gersky

GRI,IMSD-Taking the mystery out of real estate.
Ask me...we'll figure it out!
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