cotralee, Home Buyer in Jim Thorpe, PA

if i need to have my home appraised on hunters drive will the price be higher now or in a few months

Asked by cotralee, Jim Thorpe, PA Wed Jun 13, 2012

need to sell shortly zip 08096

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Hi. I list and sell homes in south Jersey. Data in Gloucester County shows that both the number of sales and sales prices are trending slightly upward. But pending sales have been in a see-saw cycle of up and down, month to month. So no one can say for sure when your appraisal will be at its highest. The appraiser will use sales comparisons within a mile of your home's Woodbury/Deptford address (I'm basing that upon the given zip code; I lived in Woodbury and my zip was 08096, but so are parts of Deptford.). It will be based upon the recent sold comparables in that neighborhood so there's no way for anyone to know for sure when your home's value will be higher. If I had that magic crystal ball I'd be rich! :-) If you need to have the home sold within the next few months, you should begin the process now. If you'd like a CMA (comparative market analysis), and other market statistics, I'd be happy to help. There's no charge for this service. Best wishes to you.

Kimberly Thomas, Broker-Associate
email to:
Brown & Pope Realtors
2105 Voorhees Town Center
Voorhees, NJ 08043
0 votes Thank Flag Link Wed Jun 13, 2012
You don't need an appraisal to sell your home, but you can get one if you want. Since you say you need to sell shortly, what you need is a Highest Price Analysis that shows you the best price given many factors that i would be happy to discuss with you. Our office is based in Mullica Hill, but we have offices in Sewell, Marlton and Cherry Hill as well. Your home is in the center of our 4 offices which will give you exposure to a greater potential buyer base. The sooner you home is on the market the better the net result will be for you. If you hold it for a couple months you will have months of carrying costs which most likely will offset any small gain in price. Even if you don't contact me, CONTACT SOMEONE ASAP and get your home on the market.

I want to be YOUR Realtor for LIFE!
Gyle McCollam, SFR, CNHS, RCC
Realtor Associate
609.680.2326 Mobile Website email address

RE/MAX Preferred
13 S Main St
Mullica Hill, NJ 08062
856.223.1400 Business
856.223.9917 Fax
0 votes Thank Flag Link Wed Jun 13, 2012
Unless we have a crystal ball no one can answer that question honestly. However I will say that if any short sales or bank owned homes settle in your area over the next few months your value will most definitely go down. If I can assist with any questions please email me at
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0 votes Thank Flag Link Wed Jun 13, 2012
Remember that when they do an APPRAISAL, they are not only evaluating your house, but all the houses that have been sold in the last 90 days in the area.

It is not just a matter of the mean and the median houses in the area going up;
It is more a function of which houses happened to sell within that time frame.
0 votes Thank Flag Link Wed Jun 13, 2012
I would say in a few months because we will have more historical data. This was a good spring. But that is just my guess. This is not an exact science. Also, I don't know that it would affect it too significantly. The law of averages and all.

For what purposes do you need an appraisal? Or are you just looking for a "CMA" that I can prepare?

R. Eric Axelson, Associate Broker
Kurfiss Sotheby's International Realty
856.617.1212 m
Web Reference:
0 votes Thank Flag Link Wed Jun 13, 2012
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