BEST ANSWER
FIRST ANSWER
Hi Mike -
The answer of course will depend on a few key questions.
How much you paid for it last year;
How quickly you may need to sell it now;
Any improvements you've made, cosmetic or otherwise;
Price level of the home - $200's will be different than the $600's for instance;
Pricing has declined a couple percent - on average - since a year ago. Not much, and some up a bit, some down a bit. So depending on your circumstances and the house itself, competition in the neighborhood, etc., you may expect to be close to a wash with last years numbers. Our market here is so small that it really will depend on the details.
Hope that helps. If I can help with particulars, or do the actual market analysis for you (no obligation), just let me know.
Thanks
Mike Conroy
Managing Broker - Conroy Couture Realty
Burlington VT
cell 802.363.3356
Mon Aug 3 2009, 06:17