And if you hadn't done all this, no doubt the appraisal would have been lower still. Appraisers take into consideration market trends and actual selling prices of similar properties. But they do not consider what your investment is. Unfortunately, buyers don't consider this either.... more
I would image that it would be difficult to list all neighborhoods within a city. Plus, there may be confusion if a home is in this neighborhood or that one since often times the only difference is that one is across the street from the other.
If you have any questions regarding a specific area, the best way to find it is through someone who has LOCAL knowledge (as opposed to a nation-wide website). If your question is real estate related (you are on Trulia, I assume that it is...) you should probably contact a local real estate agent.
If you don't have one already, please feel free to contact me and I will do my best to answer all of your questions.
Because it's more than real estate. It's RAYL-Estate!
Brian Rayl, REALTORÂ®, e-PRO
Keller Williams Elite - Dallas/Park Cities
You can review the history of the county's assessed value of your property at: http://www.dallascad.org/SearchAddr.aspx
The current market value can be determined by a Comparative Market Analysis prepared by a local Realtor or an appraisal done by a licensed appraiser.
Hope this helps,
Steve, While there is a need for rentals in certain area's, I would caution you to be sure that there are not too many, so you can get rents. A good agent can run rental comp's, property costs, etc and let you know
what your net ROI and projected property income will be yearly. I will do that for you, if you would like to contact me at : 214-991-9507, and if you put me to work for you, I would be happy to share my further expertise with you!