Market Conditions in Old Town : Questions & Answers

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Jim Olive, Real Estate Pro in Key West, FL
Jim Olive answered:
What does the (Trulia Estimate) mean when clicking on properties? Is that your estimate of what the house is worth now? Why are some lower?
You can't really place a value on a property that you've never laid eyes on, and since the computer models have no eyes...they can't give you a solid evaluation. They might have "blind ... more
0 votes Share Flag Wed Dec 4, 2013 Market Conditions in Old Town
Will Nesbitt, Real Estate Pro in Alexandria, VA
Will Nesbitt answered:
How quickly do houses in old town rent?
We have a lot of experience managing properties in Old Town Alexandria. Check with us for the most up to date information.
0 votes Share Flag Wed Dec 4, 2013 Market Conditions in Old Town
Will Nesbitt, Real Estate Pro in Alexandria, VA
Will Nesbitt answered:
What does the Trulia estimate indicate when hovering over sold homes? Is that the current estimated price? Some have lower estimates then sales price.
Never trust automated estimates for anything important. They have a margin of error of 5% to 10%. Full explanation in the link below.
0 votes Share Flag Wed Dec 4, 2013 Market Conditions in Old Town
Delaine Camp…, Real Estate Pro in Old Town, Alexandria,...
Delaine Campbell answered:
I am currently renting in Old Town for 3500 per month for a home valued at 1,200,000. Should I consider making a purchase at this time if I can only?
For that amount you should be able to get into something decent around here (I'm in Old Town on King St).
It depends on how much you have for your down payment. You can probably d ... more
0 votes Share Flag Mon Dec 6, 2010 Market Conditions in Old Town
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