Trulia Voices Real Estate Q&A in 19083

Bryan
Bryan
Just Looking
Havertown

Please let me know the approximate value of our current property - 419 Llanerch Avenue, Havertown, PA

19083.

1400 SF w/ another 300 SF in a finished basement; 3 BR, 2 BA (1 on 2nd floor; 1 on 1st floor); h/w floors; new kitchen w/ granite countertops, double oven.

THANKS!

Bryan

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Fred Lockett
Fred Lockett
Real Estate Pro
Malvern
Mon Nov 5 2007, 18:10

Hi "G". Thanks for the kudos on CB Landis! BTW the new manager is Nancy Widdman. Dan is still selling but sold the company a couple of years ago.

Fred

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x
x
Just Looking
Columbia X Rd
Mon Nov 5 2007, 16:48

If Zillows prices were acurate, all these Realtors would be out of work. Its just a "rule of thumb" that when used with other barometers will give you a range of what to expect.
Dan the manager at CB landis in Malvern is agreat guy. go with them

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Rich Schiffer
Rich Schiffer
Real Estate Pro
19081
Mon Nov 5 2007, 15:02

Bryan, as I mentioned in another one of your questions, Havertown has seen an average home sale price increase of 4.95% over the past year, and the average home sale price has been 98% of the asking price. If you apply those averages to your home, the outlook is not that great for you right now. Do-able, just not great. Remember, though, those are averages, and chances are, your home is not exactly average.

I could not truthfully give you the kind of answer you want with only the limited information you have given us here, and like so many others before me, I would offer to come to the home, and give you my analysis of the marketability of your home in today's market.

As so often before, I wish you good luck. If you wish to contact me, I will be happy to help you determine the best path forward for you at this time.

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Fred Lockett
Fred Lockett
Real Estate Pro
Malvern
Tue Oct 30 2007, 20:02

I would also be willing to have a look and give an opinion of value. I'm not exactly local but have sold homes in Havertown and started my career in Haverford. We moved our office to Malvern.
Fred Lockett
Coldwell Banker Landis
610 647-9300 610 804-7364 cell

The MLS still shows your home as it was when you purchased it - including photographs. If you'd like, I can send you an email of the old listing along with the photos. You may want to consider interviewing the listing agent who had the house when you bought it. See what they think has happened in your market area since you bought.

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Greg Parker
Greg Parker
Real Estate Pro
East Norriton
Tue Oct 30 2007, 10:57

Hello Bryan,

I would be happy to come out and take a look at the property to give you an idea of what you can get for the home. Please feel free to give me a call at 610-994-1147.
Thanks
Greg

Gregory S. Parker, Realtor
Coldwell Banker Realty Professionals
2924 Swede Road
East Norriton, PA 19401
Office 610-277-5000 Ext. 249
Direct 610-994-1147
Fax 610-277-1556
E-Mail greg.parker@coldwellbanker.com
Website http://www.phillyareahomehunter.com

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Patti Pereyra
Patti Pereyra
Real Estate Pro
Chicago
Mon Oct 29 2007, 20:14

Hi Bryan,

Why not contact some local Realtors to do a complimentary CMA for you? It is a science and you'd be better off having a local Realtor who knows the market take the time to study the specifics of your home vs. recent sold comps.

If you are relying on Zillow or any other "quickie" online estimate, you could be asking for trouble.

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Fred Lockett
Fred Lockett
Real Estate Pro
Malvern
Mon Oct 29 2007, 20:03
FIRST ANSWER

Gee, you bought a year and a half ago at $231,000 which was over list price on a house that was in the market less than two weeks. Maybe prices went up a little in that time. I'd say you might break even. I doubt you could top $250,000 unless homes on other nearby streets support it. Yours was the highest sale price on the 400 block. I have not looked at other streets. Go look on Zillow and see what the appreciation wasa expressed in percentage in the past two years. That will be a clue. The house better be perfect for you to hope to gain much over what you paid. It is possible to do it, but tricky from a marketing perspective. Sell the sizzle. By the way, nice looking house you got there!

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