Lhagen, Home Buyer in Flagstaff, AZ

What is the best way to look @ comps & get a fair price for a downtown home? They are so varied in age/sq ft it's hard to determined?

Asked by Lhagen, Flagstaff, AZ Wed Jul 20, 2011

Dollars per sq ft normally is a go to but they are all over the place. Thinking small, cottage type home 800-1000 sq ft.

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James and Robbin Robinson’s answer
Use a local flagstaff Real Estate professional like myself. I would be happy to pull comps and provide up to date info on home values in the Flagstaff area. Sometimes with smaller sg footage homes you see a higher price per square foot. If you still seeking info feel free to contact me.
0 votes Thank Flag Link Thu Aug 11, 2011
Find a Realtor to work for you as a Buyer's Agent. It doesn't cost you anything, as their commission is typically paid by the seller. He/she will be able to pull comps and help determine fair market value. Keep in mind that price/SF is NOT they way to go. Think about it -- price per SF is just about math and has nothing to do with actual "value" of a house. This only applies to NEW construction!

Example: House A has 1500 SF and is listed for $150K ($100 per SF); House B has 2,000 SF and is also listed for $150 ($133 per SF). Which is the better buy? Who knows! House A is lower price / SF but that's because it's SMALLER. Maybe it's a dump, and is in a terrible location.

Talk to your REALTOR.
Web Reference: http://www.sallygrenier.com
1 vote Thank Flag Link Thu Jul 21, 2011
The best way is to contact a local real estate agent who can provide you with a CMA for the property.
Web Reference: http://www.321property.com
0 votes Thank Flag Link Thu Jul 21, 2011
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