Property Q&A in Quaker Hill>Question Details

John Mcdonald, Home Buyer in Niantic, CT

what is rthe price price per square foot in this area?

Asked by John Mcdonald, Niantic, CT Wed Jun 17, 2009

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I wish it was as easy to just use a price per square foot. The price of the home is determined by looking at the comps (similar homes that have sold within 90 days, deposits, active and expireds) and making adjustments for all the relavent features of the properties. If you are interested in this house, your agent should do a CMA (competative marketing analysis) as though he/she was going to price the property to sell. If you are not working with an agent, I would be more than happy to meet with you to explain the process and review the comps.

0 votes Thank Flag Link Wed Jun 17, 2009
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