Home Selling in 85006>Question Details

Mary Green, Home Seller in 85006

Any advice for selling a house in the Garfield Historic District?

Asked by Mary Green, 85006 Wed Mar 12, 2008

Help the community by answering this question:


If you are going to sell, make sure you are represented, in todays rapidly changing market you need to have someone that has the pulse of the market,
As David has said bellow the Garfield is a wide area with many different types of homes, have all the information on the property and what makes it historic, then price it correctly, if you don't have a offer in 30 days your price is too high.
should you have any questions please feel free to contact me directly.
0 votes Thank Flag Link Sun Mar 1, 2009
Dear Mary
The Compative Market Analysis will give an idea, If you are working with a Realtor most likely its been done. Need to follow the Market, comparing active,solds, pendings.

Best wishes
Web Reference: http://ownyourhomeaz.com
0 votes Thank Flag Link Wed Mar 12, 2008
Yes Mary - The first thing you need to do is get an appraisal of the property for the current market value. There is a big difference in the valuation of properties within Historic Districts compared to properties outside the District. The Garfield District covers a wide area with fluxuating boundries from I-10 on the North to Van Buren on the South and from 7th Street on the West and 16th Street on the East. The center of the district area is open and some properties are not included as part of the district itself. Therefore, research of comparable properties to establish a listing price requires a need to thoroughly research the area and other historic districts for an accurate determination of value. Plus the property needs sufficient research to determine the historical significance of the structure itself (if any or to what degree) in relation to the area. The location and condition of the property, and the potential "highest and best use" should also be analized since a lot of historic district properties are converted from residential to commercial business properties.
0 votes Thank Flag Link Wed Mar 12, 2008
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