My home in Corvallis MT appraised for $374,000 in the summer of 2006 as a 4 bd / 2 bath home. Since then, we

Rob
Other/Just Looking
Kalispell, MT

added a 3rd bathroom, new interior paint and a large deck onto the back of the 2600 sqft home. Is it worth less, more or the same, taking into consideration the current economy situation and the improvements?

Answers (1)
Andrew Hohnberg...
Agent
Kalispell, MT
FIRST ANSWER

Rob, Without viewing the home and pulling comparable sold properties I cannot give you a selling value in today's market but as a real estate broker that is very active in todays market I can confidently say it is worth less than it was in 2006 even with the added bathroom, new paint and a deck. There has probably been about a 20% loss in value or more and the improvements likely bring it back close to it's former value but not quite. If you need to know for sure have an experienced real estate agent do a competitive market analysis and tell them you want the honest truth of what it will sell for in today's market not a price you want to hear. I hope this helps.

Andrew Hohnberger
Coldwell Banker Wachholz & Co Real Estate
Kalispell, MT
andrew@montana4you.com
406-751-4331

Wed May 27 2009, 11:11

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 28
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback