I have a home that is on a golf course and has a Puget Sound view. My house is being compared against homes that have neither. How do I get the compariables charged?
I see you live in Federal Way and assume your home is in Twin Lakes. An experienced agent would take the comparable sold properties without the golf course and sound views and make "adjustments" for the views. Of course your property would be worth more than a house a few blocks away with the same floor plan without the views. Same would be said for a completely remodeled house or house with additional land. Just like Todd said you want an agent EXPERIENCED in your area. If you have not already listed your house for sale, be sure to interview at least 3 agents.
You can only compare to homes that have sold recently. If there are no sales of similar homes, then the agent has to interpret the market data.
The easiest homes to price are in subdivisions, with hundreds of similar homes! Unique properties are always hard to comp. You may have to test the market.
Todd is correct, that an agent with experience in waterfront & view properties will be able to help you.
Best wishes! Linda
You cannot change sales comparables. The only way sales comparables show up is when a home sells. If there are homes that are similar to yours in number of bedrooms, baths and roughly the same square footage, then they will all count as sales comparables. However, a good real estate agent or appraiser with experience will account for your golf course frontage and view of Puget Sound and adjust the suggested sales price to reflect your added amenities. The key here is to get the sound advice from a a few EXPERIENCED agents. What your home is worth is not determined by the agent, it is determined by the market. The agent should be telling you what price your home will sell for in the current market, not what its worth. In your mind, it could be worth 5 million dollars, but if the market does not support that price, then it will never sell at that price. Hope this helps.
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