Market Conditions in Tempe>Question Details

Oghomrawi, Home Owner in Phoenix, AZ

How is it you price my house at $141,000 but the ones below all priced under $100,000?

Asked by Oghomrawi, Phoenix, AZ Thu Apr 4, 2013

This question was asked from http://www.trulia.com/homes/Arizona/Tempe/sold/14242-2109-W-…

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Answers

4
If you would like to see the recent activity in your neighborhood, a Realtor can send this to you. If you would like to know the value of your home, you can hire an appraiser to do so.
0 votes Thank Flag Link Thu Apr 4, 2013
Real estate websites are really just numbers from a computer system, thus they are generic so I wouldn't put too much stock in the "estimates of value".

A real estate agent can provide you with the activity in the community which is comprised of active, pending and recently sold properties and would be happy to at least provide you comps at no charge.
0 votes Thank Flag Link Thu Apr 4, 2013
Dear O:

Thank you for submitting your question to this public forum.

Trulia uses computer estimates. A human in not evaluating the home. They do not always tie into the proper comparables based on builder, condition, upgrades, lot placement, hoa, and custom features.

The good news? A buyer or seller will not use Trulia for an evaluation. Your Realtor will tour your home and analyze using the most pertinent criteria to provide you a more accurate valuation.

Call me with any questions.

Jeffrey Masich, Realtor, GRI, MBA
HomeSmart
Arizona homes and land for purchase or sale
http://JeffMasich.com
JeffMasich@ArizonaHomesLand.com
480-556-0940
0 votes Thank Flag Link Thu Apr 4, 2013
Every price you saw is an "estimate":
Whether that estimate was drawn from LISTINGS, SOLD houses, Tax Records, or Internet Estimates; they are all estimates.
The only time a house has a true VALUE is when a Buyer steps up and BUYS it.
Everything else is just opinion.

The closest you can come to the Market Value is when your Realtor does a CMA.
0 votes Thank Flag Link Thu Apr 4, 2013
2101 W Garden Dr, Tempe AZ

0.05 mi

Single-Family Home

$72,000

8/23/12

–

1

980



2001 W Riviera Dr, Tempe AZ

0.12 mi

Single-Family Home

$96,000

9/13/12

–

2

980



2016 W Hermosa Dr, Tempe AZ

0.22 mi

Single-Family Home

$99,900

12/27/12

–

2

1,122



2607 W Dunbar Dr, Tempe AZ

0.41 mi

Single-Family Home

$77,140

8/07/12

–

2

1,395



4755 E Saint Catherine Ave, Phoenix AZ

0.56 mi

Single-Family Home

$100,000

3/06/13

–

2

1,568



4707 E Minton St, Phoenix AZ

0.58 mi

Single-Family Home

$73,500

7/06/12

–

2

1,120



4627 E Minton St, Phoenix AZ

0.63 mi

Single-Family Home

$89,900

12/07/12

–

1

950



4627 E Pollack Ln, Phoenix AZ

0.65 mi

Single-Family Home

$98,900

11/30/12

–

2

1,480



1644 W Inverness Dr, Tempe AZ

0.77 mi

Single-Family Home

$81,000

3/15/13

–

2

1,314



6002 S 46th Pl, Phoenix AZ

0.88 mi

Single-Family Home
Flag Thu Apr 4, 2013
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