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You can then take the average PPSF of all the comps on your list, and using that dollar value, multiply it by the number of square feet in your home. For example, say you pulled four comps with ...
Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish the value of a potential client's home or property through market analysis or, by a licensed or certified appraiser or surveyor using more defined ...
A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser.A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO.
Fee simple value (known in the UK as freehold) – The most complete ownership in real estate, subject in common law countries to the powers reserved to the state (taxation, escheat, eminent domain, and police power) Leased fee value – This is simply the fee simple interest encumbered by a lease. If the lease is at market rent, then the ...
Rent your home: Finally, if you don’t need the cash from a sale immediately and have somewhere else to live, consider renting your home out instead of selling it. You could be rewarded with a ...
“In Jackson County, it’s just, ‘Here’s your previous value, this is the new one, this is the percentage going up.’ There’s no information about how they came to that conclusion.
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related to: comps in my neighborhood free book value apponline-home-values.com has been visited by 10K+ users in the past month
propertyrecord.com has been visited by 100K+ users in the past month
Data-driven approach helps people sell for more money - VentureBeat