Good Luck - do not overpay or you will be stuck in a house you can not afford to sell.
Mack is correct: once you review similar properties in your desired market, you must determine the value of any given home. If you can find a home that better suits your needs and desires for less money, that helps you set your market price for homes in that area.
I also recommend following the tried and true (and too often ignored) method of MONTHLY PAYMENT. If the payment fits, then it's the right house; if you can't afford the payment, it's the wrong house.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyle Renovation | VA | USDA | GA Dream | Jumbo Financing