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Market Conditions in Cuyahoga County : Real Estate Advice

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  • Local Info1
  • Home Buying6
  • Home Selling2
  • Market Conditions1

Activity 102
Thu Dec 3, 2015
Jorunn Stimbra answered:
I will help you with your request if you can send me your email so I can send it directly to you.
Thanks

My email is: jstimbra@russellrealty.com
0 votes 2 answers Share Flag
Tue Sep 8, 2015
Trevolyn Haines answered:
You will have an easier time contacting an agent in your area. They will have easy access to that info and would be happy to help you.
0 votes 1 answer Share Flag
Mon Sep 7, 2015
Mrholub answered:
That is reassuring to know. For property tax purposes, I think the county auditor is dreaming based on what he assesses my home to be and what homes on my street have been selling for.

How do I obtain a list of homes sold on my street for the past 3 years?
... more
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Sat Apr 11, 2015
rdt7575 answered:
My aunt's home just sold for $68,000 in Cuyahoga Falls. On one of the realtor websites, it lists the house as being sold for $68,000, but minus 13.4%. What is this 13.4%? Realtor commission? Or another fee attached by the First Merit bank as part of their estate management program? Any advice is appreciated! ... more
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Thu Apr 9, 2015
Susan Smith answered:
There were a total of 618 properties on the market in the past year in Shaker Heights. The average single family home had 4 bedrooms/4 baths, was 2718 SF and sold for $270, 430 (95.2% of list) and was only on the market for an average of 119 days. The previous year, there were 615 properties on the market with the average single family home having 4 bedrooms and 4 baths, 2767 SF and sold for $259, 589 for an average increase of 4.17%. That is a solid improvement in price increase....market is definitely improving. ... more
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Tue Mar 24, 2015
Sally Grenier answered:
What is your question specifically? If you're wondering what the price per SF is for this particular home...it's a pretty basic math equation.To figure the price per-square-foot, take the list price and divide it by the square footage. For this property: $647,500 / 2,304 sqft = $281 per SF.

BUT....this isn't a good way to determine value. Why? Because the Price per SF method is just about basic math! Smaller square-foot homes command higher per-square-foot costs. Larger square-foot homes command lower per-square-foot prices. And...this method doesn't take into account things like location, neighborhood, updates, age of home, lot size...the list goes on.

If you're thinking of buying or selling, you really need to talk to a REALTOR who can give you an estimate of "Fair Market Value". Basically what similar homes (size, updates, location, etc.) have been selling for in the last few weeks or months.

Check out this article on price per SF:
http://homebuying.about.com/od/marketfactstrends/f/062408_persqft.htm

Good luck!
... more
0 votes 1 answer Share Flag
Sun Feb 22, 2015
LaTonia Hope answered:
It depends on where the house is and how it is assessed. You should go to the county website to see what the current owner is paying.
0 votes 4 answers Share Flag
Mon Feb 2, 2015
Cgodenswager answered:
taxes in 2013 were $4,501.00
0 votes 2 answers Share Flag
Thu Dec 25, 2014
Jordan BeBe asked:
This question was asked from http://www.trulia.com/property/3170809105-16755-Gerard-Ave-Maple-Heights-OH-44137
0 votes 0 Answers Share Flag
Thu Nov 6, 2014
Karen Breedlove answered:
Real Estate statistics are local and can vary by street/neighborhood/community. As a general rule licensed agents can obtain those statistics through the Multiple Listing Service. I suggest you contact a local Realtor and provide that agent with the specifics you need. Another alternative is to check the public site of the County Auditor. Our auditor here in Lake County provides information on comparable sales. With a few clicks you can view recent sales and compare that data with county appraised values. Best wishes for a successful day. ... more
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Wed Sep 24, 2014
Anna M Brocco answered:
Unclear are you selling or buying...regardless rather than relying on online information which may not necessarily be accurate, why not simply review a market analysis with your agent.... ... more
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Mon Aug 18, 2014
Genita Smith answered:
Hi,

What side of town, zip code etc? What are you looking for? What is your price range?
0 votes 1 answer Share Flag
Sun Aug 17, 2014
Genita Smith answered:
Hi Dan,

I can definitely understand where you are coming from, there are so many homeowners in the same situation as you and feel stuck with a home that no longer has the same value. Yes, the market is getting better and there is definitely hope however it would be hard to tell if it will continue to get better or worse at this point. There is still a lot of distressed properties in the area and that is something that takes time to even out. The good thing right now is that people are buying, and south Euclid is HOT right now. I would suggest either paying for a professional appraisal or have a realtor come out and do a full assessment of your home and go over your options. Your home may be worth more than you think as there are a lot of things to consider when determining value. If the value is still underwater, you may save more money in the long run with a short sale and/or died in lieu, depending on your situation. I would also recommend speaking with your account or tax professional as well, there are some options to help with the tax liability of that option,again depending on your situation. Renting the property out is smart and at least the home is paying for itself ( I hope) however waiting on the market to get better will keep you hanging for some time as there is no real stern answer to that question. If you have any other questions, please feel free to email me directly at genitasmith@kw.com. Thanks and Good luck! ... more
1 vote 1 answer Share Flag
Sun Jul 27, 2014
Kate asked:
This question was asked from http://www.trulia.com/property/3009283950-2834-Gasser-Blvd-Rocky-River-OH-44116
0 votes 0 Answers Share Flag
Sat Jul 12, 2014
Jaqueline Muhammad asked:
This question was asked from http://www.trulia.com/property/3161468473-20660-Donny-Brook-Rd-Maple-Heights-OH-44137
0 votes 0 Answers Share Flag
Fri May 30, 2014
Annalisa Winberg asked:
Thu Mar 20, 2014
Anna M Brocco answered:
Any local agent/realty office can provide such information, consider a call....
0 votes 1 answer Share Flag
Mon Mar 10, 2014
lorettaking197 asked:
This question was asked from http://www.trulia.com/property/20747349-12815-Benwood-Ave-Cleveland-OH-44105
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