The market in most neighborhoods has shifted to sellers market. The main reason is due to the lack of available properties for sale. Buyers are typically competing against other buyers for the sme property and in many cases, Sellers are getting over list price.... more
There is a link at the top of the Trulia web page "Local Info" that will provide a great deal of information. Click on the "Crime" link after you have entered the address or zip code in the search field on left top of web page. There is an interactive map & detailed reports.... more
Appraisers typically look back 3 to 6 months for the comparable "solds" in the same subdivision and will compare 1-stories with other 1-stories and 2-stories with other 2-stories of similar square footage. They'll also take into consideration size of lot, location of lot (does it back to commercial or main street, etc.) and what condition the property is in, including updates.
Without knowing any of these things about your home, it would be difficult to say. However, a quick market analysis of your subdivision for past six months shows that homes have sold pretty quickly (within a couple months) at between $116.73psf and $213.80psf.
Current homes on the market are priced between $189.10psf and $308.61psf. Hope this helps! Feel free to contact me for further details. Thanks!
Your Home Is Where My Heart Is!... more
Your mortgage broker and Realtor should be assisting you . It also depends upon your lender approval. and how the sales offer structured.
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
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Dallas is warming up! Commercial sales are increasing but there are still "deals" to be found in the market. Regarding best investment areas, Price, Property Type (Office Retail Industrial) and Risk aversion (long term hold or short term flip) will dictate area. Dallas ecconomy is probably the best city in the nation.... more
I understand your desire to have one true number that you feel can be applied across all the homes in the area. It would be extremely helpful in valuing properties and determining what is a good deal and what is not. Unfortunately, that one number doesn't exist. Properties have different location, finish, age, and there are many factors that go into each on of those items.
This is where your agent provides one of the most valuable services, pricing the home, and allowing you to figure out what the home is actually worth. If you're working with an agent, you should involve that agent heavily in figuring out what the home is worth and what you think you should pay for the home.
If you're not working with agent, this is a great reason to find a good one and have them help you.
Of course, I'd be happy to help. Give me a call at 214-883-3479 or e-mail email@example.com.... more
The value of the garage itself is between $10k and $25k roughly, but it depends heavily on at least 2 factors: the price range of the house (neighborhood) and need for security.
A small house that has converted the garage to living space is not worth that much more than a smaller house with the garage intact, but it is slightly higher. If the neighborhood is safe and no one worries about cars parked out in the open, the space will be worth more.
In a high value neighborhood, not having a garage can cost dearly. A $300k house with no garage will likely sell over $30k below comparably sized houses nearby.
You would have to look at the particular circumstances to give a better answer.... more
Keller Williams has an amazing commercial real estate division. I would be more than happy to get you in touch with one of the agents in my office.
Contact me if you are interested.
It's more than real estate. It's RAYL-Estate!
Brian Rayl, REALTOR®, e-PRO, SFR
Keller Williams Elite Park Cities