Home Buying in 21740>Question Details

Chi, Home Buyer in Frederick, MD

please compare

Asked by Chi, Frederick, MD Sat Jul 18, 2009

the house at 186 brynwood st ,hagerstown ,md with 2 levels was sold for $167,000 is it worth this price when compared to
246 brynwood st which has 3 levels for $175,000

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5
Based on the small amount of information provided I would say yes. An entire additional level of living for only $8,000 seems very reasonable.
0 votes Thank Flag Link Tue Jul 24, 2012
Based on the small amount of information provided I would say yes. An entire additional level of living for only $8,000 seems very reasonable.
0 votes Thank Flag Link Tue Jul 24, 2012
The appraiser compares like kind to like kind and then makes adjustments.
0 votes Thank Flag Link Mon Aug 23, 2010
Apparently it was worth it to the buyers. Buyers determine market value. The net sale price for 186 was $162K (seller subsidy of $5000). 246 is a larger home w/ an additional bedroom and an additional full bath.
Both are in short sale status, so banks must approve offer.

Short sales are not for the faint of heart, but if you have the patience you can find some good deals. If you haven't already, find a good realtor in your area to help you navigate this. Good luck with your purchase.
0 votes Thank Flag Link Sat Jul 18, 2009
Are you not working with a Realtor?
Web Reference: http://www.cbinside.com
0 votes Thank Flag Link Sat Jul 18, 2009
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