What would be the value of a 4 bedroom 2 bath 2story home in good condition in Oneida county New York?

Jerry Altman,GRI
Agent
Long Island, KS

with 150 acres,and 1 mile of road access with a 200 foot barn, a pole barn and several storage buildings,city water,sewage and cable Tv.

Answers (3)
First to answer: AJ
David - Apprais...
Agent
Maricopa, AZ

Your best option is to contact an appraiser to inspect the whole property and market area, research the market conditions and trends, research viable comparable properties (in this case complex properties), apply the necessary and appropriate adjustments, calculate the land value by extraction, calculate depreciation, analize the highest and best use, use the sales comparison approach AND cost approach to determine a fair market value and value in use. There is no way anyone else will even come close on a complex property as you decribed, no matter what they say.

Fri Apr 4 2008, 23:11
Zack
Other/Just Looking
Westchester County, NY

Since oneida county is the middle of nowhere, the condition of hte house generally doesn't mean anything. Building costs and repair costs are so low that it'll be negligible. So its about the price of the land plus like 50k for the house. Anyway, how do you own 150 acres with town building on them? The town will own the land its buildings are one. You could set up some tree stands for hunting and make some money with 150 acres though.

Fri Apr 4 2008, 20:53
AJ
Home Buyer
Oneida County, WI
FIRST ANSWER

No sure what value is but are you listing one?

Fri Apr 4 2008, 18:54

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