Property Q&A in Trinidad>Question Details

Barry Berkey, Home Buyer in Pine Grove, CA

Price for this property seems high given the age and condition. Was the comp. old and outdated also?

Asked by Barry Berkey, Pine Grove, CA Sun Feb 8, 2009

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This question is about this property: http://www.trulia.com/property/1070995864-811-Underwood-Dr-T…

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Answers

1
Hi Barry,

The two most sold comparables listed on this site sold within in the last 6 months. So they are fairly recent comparables. However most appraisers would like to see sold comps within the past 3 months. Sometimes it can be difficult to find real recent comps. in an area with low inventory. The market in Trinidad is unique and typically has a lower inventory. A more detailed Comparative Market Analysis prepared by your Realtor will help you determine if this home is priced fairly for the market.
0 votes Thank Flag Link Mon Feb 9, 2009
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