Asked by Carol Vernon, 80016 • Wed Jan 28, 2009
We have put $35k into home finishing the walk-out basement (now 3780 sq ft from 2575), new deck,etc. We would like to walk away even, but have been told by two real estate agents that we can only get $350k for it based on CMA. However, in CMA, only 3-car garage and walk-outs were compared, like ours, whereas homes in neighborhood sold the past few months for the $360s & 370s with no walk out basements, so not compared. How do you know when a CMA is really appropriate pricing, when some smaller/less feature homes have sold for more only a block or two away?
Real Estate in Aurora
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