This is an Eichler home with unique design and construction. The same model with new kitchen and baths and a solar system sold for $725,000 in Jan. 2012. Call me if you are interested in this property. 805-368-8626... more
Disclaimer: I am not an appraiser. Having said that.. Appraised value is different from a "Selling" value. It is also tough to give you a solid valuation without physically seeing the property but here's a ROUGH estimate..
Title Comps (Sold Listings) -- Average ($185k-$235k)
MLS Comps (Sold Listings) -- Same Comps are showing
Depending on the condition of your property and your objective (Refi or Sale), I'd say you are in the low $200,000 range. If you want further information, contact me for a free consultation.... more
Well , you certainly asked what I think is one of the biggest questions in real estate today.
I googled "buy now or wait" real estate and found oodles of pages of websites and articles written on that very topic. I have attached a link for you from foreclosure magazine, that you may find interesting http://www.eforeclosuremagazine.com/real-estate-foreclosures/should-you-wait-or-buy-now.
Although we have seen market corrections throughout the US, real estate is local in nature. Thus, I think it depends on how the market is performing in the area you are in. Contact a local REALTOR, as I am certain they can shed some light on the subject for you.