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A Farm of My Own:  how much homes are worth  |
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Room To Grow
True Blue Farmgirl
974 Posts
Deborah
Kingston
Georgia
USA
974 Posts |
 Posted - Mar 13 2011 : 9:25:27 PM
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Hello,
I am wondering how much homes are worth now? Not what people are asking for them? And how do I find out without spending a butt load for an appraiser? Just wondering if any of you ladies know? The house we are renting the owner is wanting to sell to us. He is wanting 160,000.00. We know he paid 135,000.00. I want to know what it will appraise for. But we dont really want to pay 400-500 for an appraiser.
Thanks
Deborah
we have moved to our farm...and love it |
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gramadinah
True Blue Farmgirl
3557 Posts
Diana
Orofino
ID
USA
3557 Posts |
Posted - Mar 14 2011 : 08:15:40 AM
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Find out what the property tax is or call a realty office they can give you a ball park .
Diana
Farmgirl Sister #273 |
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Betty J.
True Blue Farmgirl
1407 Posts
Betty
Pasco
WA
USA
1407 Posts |
Posted - Mar 14 2011 : 08:20:11 AM
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It might be a good idea that instead of an appraiser, if you are interested in purchasing the property, getting an inspector to see what you might have to invest in the property to bring it up to code. After watching some of the HGTV shows, the inspector will tell you more than an appraiser. Here, locally, you can visit the county online and see what the tax value is.
Betty in Pasco |
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rhondacate
True Blue Farmgirl
234 Posts
Rhonda
Janesville
CA
USA
234 Posts |
Posted - Mar 14 2011 : 11:15:52 AM
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Home values can vary quite drastically from area to area. And prices have been changing rapidly as well, so depending on how long ago he bought it, it could be worth more or even less now.
The best way to get a ballpark idea without an appraiser is to see what similar homes in your area seem to be selling for.
http://rmfo-blogs.com/rhonda |
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JEN000
Farmgirl in Training
16 Posts
Jennifer
Omaha
NE
USA
16 Posts |
Posted - Mar 14 2011 : 11:32:28 AM
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| Another idea is to look through local listings and see how much houses are going for that are similar and in the same area. |
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Room To Grow
True Blue Farmgirl
974 Posts
Deborah
Kingston
Georgia
USA
974 Posts |
Posted - Mar 14 2011 : 5:25:26 PM
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Thanks Ladies...as always very helpful
we have moved to our farm...and love it |
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sherone_13
True Blue Farmgirl
2460 Posts
Sherone
Evanston
WY
USA
2460 Posts |
Posted - Mar 15 2011 : 08:03:34 AM
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As a former realtor I call tell you this: Go to www.realtor.com. These listing on on the area Multiple Listing System and more accurate to the actual sell price. Look up homes that are similar to yours and see what they are selling for. Realtors use recent sales in the area to determine the price of homes sold. I also strongly suggest a home inspection before purchase. Even if you have lived there for awhile, you never know what is lurking. You can contact your county assessor for the property tax. Usually the assessed amount is lower than the sell price, though.
Hope this helps.
Sherone
Farmgirl Sister #1682
My Blog - www.annapearlsattic.blogspot.com
Etsy Store - www.annapearlsattic.etsy.com
Women are angels. When someone breaks our wings, we just jump on our broomsticks and fly! We are flexible that way! |
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A Farm of My Own: how much homes are worth |
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how much homes are worth
