Market Conditions in Sparta>Question Details

Juan.elias1, Home Buyer in Sparta, NJ

I am looking at a 3 bedroom 2 bedroom in the Mohawk lake reservation area. The house is 190,000. Does anyone think if its worth purchasing? Need help

Asked by Juan.elias1, Sparta, NJ Tue Dec 11, 2012

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Rick Ambrose’s answer
Juan:

The house is worth to you what you are willing to pay for it. A realtor can provide you comps of similar but not exact homes in the area, but comps may not take into account charm, view, interior finishes, or craftsmanship - the best they provide is a range.

EVERY home in Lake Mohawk is unique - there are no two homes that are identical, as was the intention of the developer, Arthur Crane, in 1927. The final decision is always yours - so how much do you like it ?

Rick Ambrose
Realtor & Lake Mohawk Resident
Keller Williams Realty
http://www.njlakehouse.com
0 votes Thank Flag Link Wed Jan 16, 2013
Juan,
If you are working with a Realtor, you can ask them to pull some comps for you so that you can see the value comparison. If you are not working with an agent, you can search for similar homes on my website, http://www.njlakemohawk.com but keep in mind that local area agents would know more about the particular homes and would be better able to guide you towards homes that are similar to the one you are interested in. I hope that helps!

Barbara Bertone
RE/MAX Platinum Group
Sparta , NJ
973-726-5700
Web Reference: http://www.njlakemohawk.com
0 votes Thank Flag Link Wed Dec 12, 2012
There are a number of factors that would go into determining whether the asking price is a good value. Condition of the home is one very big factor. Lake Mohawk is a very desirable community, and if the home is in relatively good condition, if it is in close proximity to the lake, and so on, $190,000 does indeed sound like a good deal.
0 votes Thank Flag Link Wed Dec 12, 2012
A 3 bedroom 2 bath home in Lake Mohawk for $190,000 seems like a very good value. I have lived in Lake Mohawk for 19 years and appreciate the value of this wonderful community. The value of a particular property is determined by its condition, location, size, etc. I would be happy to help and answer any additional questions for you. Also you can go to http://www.LakeMohawkSparta.com
0 votes Thank Flag Link Tue Dec 11, 2012
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