Market Conditions in Kenmore>Question Details

Wendy Lem, Both Buyer and Seller in Outside U.S.

I am trying to find out the market value of a home`. 1217 w. wilbeth rd Akron, OH 44314. can any one tell me?

Asked by Wendy Lem, Outside U.S. Thu Feb 14, 2013

This question was asked from http://www.trulia.com/homes/Ohio/Akron/sold/22495207-1217-W-…

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3
Ron Thomas’ answer
The Market Value of a home is determined when a ready and willing buyer puts up the money to Buy it:
At that moment in time, THAT is the VALUE of that home.

Every thing else is just OPINION.
1 vote Thank Flag Link Thu Feb 14, 2013
Like Ron implies below, there really isn't a "market value" of a home until someone buys it. There's no "Blue Book" or other price guide that you can look up a home and find the "market value".

That said, you can:
Have a good idea as to what similar homes in the nearby area are on the market for,
Have a good idea as to what per square foot asking price of similar homes in the area is,
Have a good idea as to what similar homes in the nearby area have sold for in recent months, total and per square foot.

This should get you in the ballpark.
0 votes Thank Flag Link Fri Feb 15, 2013
That home is in foreclosure and is estimated at around $50,000.
Web Reference: http://www.davidc.com
0 votes Thank Flag Link Thu Feb 14, 2013
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