BEST ANSWER
FIRST ANSWER
Dear Dsheik:
I am a real estate agent in Brooklyn for 17 years now full time and I specialize in your area. I would usually include the basement if it is finished into actual living space. I do not count the garage. When considering the market value of the home you have to take into consideration the building size, lot size, amenities, condition, recent comparable sales and current market conditions. As an example, right now I am in the process of selling a home on Parkville Avenue which is a two family home that needs a lot of repair work and I put it into contract for over $600,000!
Your best bet would be to have a professional agent in the area (like me) come over and take a look at your entire house. The agent can show you comparable sales that have taken place recently and upon viewing the home give you a realistic estimate of the market value. We can also give you sound advise as to how to prepare the home for the sale and stage the property to be shown. We can also break down the selling process for you and go over the various expenses you will incur when you sell your home. This is something that most agents (including myself) will do free of charge with no obligation.
To further answer your question, if you want to get a very rough idea ass to your homes value, go to the web site http://www.PropertyShark.com and enter your address, then you will see how much the city assesses your home's market value for real estate taxes and an average sales price for homes like yours. I must caution that depending on the uniqueness of your property these estimates may be way off, but it gives you an idea. You can also visit the web site http://www.Zillow.com and enter your address and then you will be shown recent sales in our neighborhood.
Again, the best estimate will come from an agent that visits your home so give that some thought. If I can be of further assistance, please let me know!
Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, inc.
Office: (718) 645-1665
Email: MitchellSFeldman@aol.com
Tue Jul 14 2009, 10:22