The only main issue is that you tend to get more custom homes on lakes so the comps can be challenging. The lots/lake frontage also become the other main challenge.
There are other variables to look at such as DOM in case you need to sell in a certain timeline, but otherwise looking at comps is what allows us to determine value. Just like appraisers if you ask 5 realtors to come up with value you will probably get 5 different answers. For lake shore than I would be OK with a range of $20,000. The important thing when interviewing realtors is listening to their reasoning for determining value. If a Realtor can not communicate effectively to you how they determined value that is a problem.
I would certainly love the opportunity to be interviewed if you do choose to list!
Feel free to call or email.
Integrity 1st Team
obligation market analysis. I LOVE Lake Elmo and have been selling homes
in the Twin Cities since 1980.
Pricing takes into consideration, home & condition, sq.footage, the lot, and
comparable properties. And, of course, the current market.
You may reach me via email or phone (651) 457-HOME (4663)
kim (at) www QuickHomesSearch.com
Realtor since 1980
Another option is to talk to a qualified, licensed and experienced Realtor. They can prepare a Broker's Price Opinion (BPO). It is less accurate of a report but it will give you a good ballpark to work from. Generally this report is free or nearly so.