Question Details

Linda Dew,  in

How do I get an estimate of value for a home that is Not listed?

Asked by Linda Dew, Wed Jun 4, 2008

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I wasn't sure if you owned the home or if you are interested in the value of a purchase. One of the many services provided as a real estate professional would be to complete a competitive market analysis (CMA) on a home that you already own. This is done by comparing homes in your area that have sold within the last six months or are currently on the market. There is no obligation or fee for this service. If it is a home that you are interested in purchasing and it is not listed, I would recommend getting a professional opinion from a realtor in the area of the home. I have provided this service even knowing there would be no monetary gain from the transaction.
0 votes Thank Flag Link Thu Jun 5, 2008
If you really have no other place to do your re-search . gp to
It's not the best gauge for home value's, but at least you know what homes are NOW selling for in that neighborhood .Tax records are okay but they are not a true gauge to get homevalue's for, upgrade's done or bad interiours( repairs or no repairs whatsoever) they are not mentioned or valued by your tax assesor. And perhaps you can just call a friendly ( weichert realrtors) agent to do a CMA on your property ?
good luck I hope I was helpful to you.
Andrea Stamm
weichert realtors 910-315-7951
0 votes Thank Flag Link Thu Jun 5, 2008
You can search the local tax record for homes that sold without the aid of a realtor. You should also do a 3 mile radius search for similar homes to the subject home. Also, has the subject homeowner had an appraisal completed within the last 6 months?
0 votes Thank Flag Link Thu Jun 5, 2008
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