Hi,
The first place you should start with any purchase is finding a buyers agent. A good buyer's agent will be able to assess the home in comparison to recently sold similar properties and give you an educated market value. There are a lot of different variables that go into a market analysis, such as how long the property has been listed, the average days on market of comparable properties that have recently sold and also the current list prices of any other similar homes in that area. If you don't have a buyer's agent, I strongly reccomend you interview a couple and then choose the one you feel will do the best job for you.
Good Luck!
Valerie Wersland
Right On Target Real Estate LLC
843-6351 - Mon May 18 2009, 08:43