Hopefully, your agent can do a thorough evaluation of the market and supply you with "comps" so that ou are confortable with the purchase. You are likely aware that "comps" are properties in proximity to yours that have the same age, features, style, etc. Your agent should also have access to market trend reports in addition to multiple listing data to help make the best decision.

Best of luck!

Barbara McMahon
Associate Broker
John L. Scott Everett

In a very general sense, 2005 or 2006 prices are a good indicator of where prices in many areas should be now. But if the updates were done after that sold price then it could be a very fair price. But as everyone else here stated, there is just not enough information provided to make even a cursory evaluation.

For more information see; http://www.homehounds.com

Hello Mark, you did not mention where the property was located? Century 21 has offices internationally and if the property were in Snohomish or King County, I would be happy to complete a thorough analysis of the market and property for you so that you can see the answer for yourself. If it is out of my state, I can still assist you by finding an experienced Century 21 agent, asking the right questions, and then having you work with that agent. You can write to me: Sarah.Gravelle@Century21.com.

Hello,
If you are not currently working with an agent, I would be happy to assist by doing a comparable market analysis for you. I am a strong negotiator and take pride in getting the best price possible for my clients. Even if the price can be justified, there is always room to negotiate! Contact me if you would like to discuss this further at 425.765.4432 or kenziekipper@gmail.com.

The information provided does not scratch the surface for making an informed and intelligent decision. Our recommendation is to contact a local real estate professional and request that do a market analysis for you.

On the surface it appears to be an inflated price but to be definite additional infomation and research is required to take a solid position.

do you have a real estate agent? if not find one in your area that can do a comparible market analysis... Have a nice weekend.