Home Selling in 30809>Question Details

Casey, Home Buyer in Evans, GA

Home in evans GA is selling for $255K in a good area. 4 yrs ago was bought for 200K. Where should I begin?

Asked by Casey, Evans, GA Fri Mar 21, 2008

I am from out of town and can't seem to get a good grasp on how the local market has done during the boom and also the crunch. Can anyone with a good knowledge of this area have idea in what range I should begin my offers in. I don't want to low ball the seller and make it so they won't play fair, but at the same time I don't want to over pay for a property that possibly have a depreciating value.

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5
Check out the website below, if you would like to know more about the Augusta (Evans) market.
1 vote Thank Flag Link Sat Mar 22, 2008
Wait until 2010, it will go for $180,000
What is your hurry?
Do you think prices go up during a recession?

good luck
1 vote Thank Flag Link Fri Mar 21, 2008
Hi Casey,

Evans, Georgia is a wonderful place to live. I have lived in Evans for many years and have watched the community thrive. We have grown at a good pace being recognized by MONEY magazine as one of the best places to live in the United States. A good sign of growth and stability in our market is the building of several new schools, major stores such as Lowe's and HomeDepot and many new restaurants have just opened their doors, and new neighborhoods are still being built although at a slower rate than a few years ago.

It is hard to tell you exactly what to offer for a particular home without knowing the neighborhood and doing a comprehensive analysis of similar homes in the area. That's why it is in your best interest to have your own real estate agent representing you in the transaction especially if you are not familiar with the area.

Buying a home in Evans is still a great investment for your future and with the low interest rates and many homes on the market to select from, now may be the best time to buy!

I would be happy to work with you on determining the best offer price for that home or locating another home if that one doesn't fit your needs. Just let me know how I can help!

Denise Daniel
Keller Williams Realty Augusta Partners
706-306-9323 (cell)
denisedaniel@kw.com
http://www.AugustaHomescapes.com
0 votes Thank Flag Link Sat Mar 22, 2008
Casey,

I grew up in Augusta and now live in the Atlanta area. Joel is right if you are from out of town and are purchasing in an area you are not familiar with you should have an agent who can provide you the local community information that you need to make the right decision.

Based on what you have stated the home has appreciated about 6.75% each year since it's last purchase. That's a total of about 27% appreciation over the last 4 years. This is not outrageous but much of this depends on local market conditions. Are there new homes near by listed in this price range? What is the condition and age of the home? Does it need upgrades? A good agent will plead your case when submitting your offer even if it's low and provide some data to back it up. In many cases the listing agent will not confront the seller with these issues in fear of losing the listing so it takes a good buyer's agent to step in and get the job done. In addition your buyer's agent may be able to point you to better homes in the area in the $200K range than the one you are looking at.

I know some great agents in the Augusta and Evans area. Feel free to contact me and I would be happy to provide you with their contact information.

James Dudley
ERA Sunrise Realty
678-781-7418
james.dudley@era.com
0 votes Thank Flag Link Fri Mar 21, 2008
Casey,
This is where help from a Realtor comes in. They are schooled in all aspects of housing transactions. I would start by obtaining the services of one. They will analyze the current market and look up some comparisons for you, so you can get a grasp on what other properties of the same type have sold for. The best part of using a Buyers agent, is that their services are paid by the sellers not the buyer.
0 votes Thank Flag Link Fri Mar 21, 2008
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