How to evaluate Property Value:
Pricing a property for sale is not easy. I use my experience to assist owners of condominiums, cooperative apartment units known as co-ops and 1 to 4 families’ houses. Owners most of the time price their properties based on our support in the market analysis; comparing the most similar conditions and features of recently sold in addition to similar properties currently for sale.
Pricing:
The first step is to collect information about the property by going to Acris the government department where property titles are recording. There you fin property details including its square footage, the number of bedrooms and bathrooms, size of the land and style of home. a.
The second Step:It is to find at least three properties with the same characteristics that have been sold in the area. Homes should be in the same neighborhood and ideally sold no more than a year ago. After getting the three different prices of the properties already sold, I find the average.
Third Step: Search for properties already sold in the area after getting all information, I show it to the seller to help him to price his property. From the seller viewpoint it is a good idea to do a make up to the appearance of the unit for sale. Giving a good impression on size and neatness helps the price to be higher than similar properties in the same market. However, it is important no to fall in an exaggerations because buyers’ agents also do the same market research.
