Market Pricing Conditions Jan2012 to Now

Asked by Subscribe, Saint Cloud, FL Fri Aug 3, 2012

If a house was appraised at $340K in Jan 2012 in the 34771 (Narcoosee) area, what might I expext to see as a value in a new appraisal given that the home remained in the same condition?

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Mark LeMenag…, Agent, Lake Nona Orlando, FL
Sat Aug 4, 2012
Depends if you are on city water and sewers or on well and septic. No doubt the medical city is pushing up prices fairly rapidly, but when those professionals moving here realize they will have to deal with a septic system, they get turned off pretty quickly.

So if it's city water and sewer I'd say $350k. Well and septic $345k.
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Thanks for the reply. It was sceptic and guess what it came in at $270K. That is what happens when the appraiser uses a comp that was a murder suicide home and an estate sale reduced for quick sale.
Flag Fri Aug 31, 2012
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