Rudra Sen

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Hi, Recloating from Boston to NC

Asked Mon Jul 7 2008, 19:23 by Andrew - Raleigh - General Area - 15 answers

Rudra Sen answered:

I work for a company where every other person is a relocated Bostonian. Generally speaking they laove it here. The weather is great, wake county schools are famous and we have universities that can rival the best as well in Duke and UNC.

Cost of living is much lower than Boston and the real estate market here has hel steady through this downturn which in itself speaks volumes about the demand. I had my inhibitions moving here from Portland OR, 8 years ago, but this place really grows on you.

Hope you will make the right decision, you definitely will not regret it. Feel free to email if you have additional questions about the area. - Sat Aug 16 2008, 10:26

I am looking at a FSBO property, how do I know if the asking price a fair value for the home?

Asked Tue Aug 5 2008, 15:37 by S Dub - 28078 - Home Buying - 12 answers

Rudra Sen answered:

Look at Zillow only as a starting point. Remeber that most professionals use a method of calculating home prices based on "comps". This has been around for hundred years and like all things that old does not work very well. :))

As mixed used communities become more popoular you will get various types of houses within a single neighborhood and when you step inside them the differences are stark. So the best way to do this is to go into a few houses and list the features you like. Find what is reasonable for a standard house in the target area, find a house with the features you like and consder what premium you would be willing to pay over the "standard" features to get what you want. - Sat Aug 16 2008, 10:06

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