Crime & Safety in Greenville>Question Details

NC 1, Home Seller in Winterville, NC

Our home in Langston Farms is worth 15 thousand dollars less than when we purchased it two years ago, why?

Asked by NC 1, Winterville, NC Wed Jun 26, 2013

Realtors will say it's not because of the close proximity to Sterling Pointe, but we know better. A 1700 sq ft home in The Village/Langston Farms just sold for under 145,000.

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If you are not planning on selling soon;
then you may imagine that the VALUE of your home is anything you want it to be; it doesn't matter!
The only time that the true WORTH of a house is realized, is when a ready and willing buyer steps up and put his money down; everything else is just OPINION.
0 votes Thank Flag Link Wed Jul 31, 2013
In general, regardless of what city you live in every property that sells will influence the value of other properties within close proximity of the most recent sold house. The recently sold property will in part indicate a value that a willing and able buyer will pay. The value changes frequently...weekly, monthly. Realtors do not set a house's value, the market sets value. Thanks for the post!
0 votes Thank Flag Link Wed Jul 31, 2013
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