Property Q&A in Dillards>Question Details

rjoesapp, Other/Just Looking in New Orleans, LA

What is the property valued to date?

Asked by rjoesapp, New Orleans, LA Wed Sep 18, 2013

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This question was asked from this property: http://www.trulia.com/homes/Louisiana/New_Orleans/sold/42075…

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Answers

3
It depends. Are you looking to buy, sell or refinance?
One would need pertinent details about the home before one could give you an idea. Then one needs a Broker Price Opinion or CMA, (Comparative Market Analysis) that compares similar homes in similar condition that sold in the past six months.

Not a simple answer? Nope...but a real answer that requires a professional who does this everyday...especially in our New Orleans marketplace.

Houses are not like ham..houses take longer to fix and have more bones.

If you need a tight value, consider hiring a Realtor to do a home audit...Helps you establish real value and what you really need to do to help further increase the value of the property
0 votes Thank Flag Link Wed Sep 18, 2013
The property is currently not listed for sale, but sold over 10 years ago for $57k and the city has its 2013/14 assessment as $92,500.
Do you have an ownership interest in the property, or are you looking to acquire it or something in that area?
Feel free to drop me a line at andrewgrafe@hotmail.com or give me a call at 529-9559 if you'd like to discuss things further.
Best, Andrew
0 votes Thank Flag Link Wed Sep 18, 2013
The value of property in the New Orleans area is overall up, but differs greatly by area, size, type and condition. The highest price per square foot is the French Quarter, an average of 375. Uptown 200-300, Warehouse District 250, Mid city 225.
0 votes Thank Flag Link Wed Sep 18, 2013
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