Highlights from our comprehensive Stickney Team "Price Well" System
Price Well 2 - Factors used to select/adjust comparable homes
Outlined below are
many of the factors reviewed to select the comparable homes
for determining an accurate value range for the home you want to buy or sell
for determining an accurate value range for the home you want to buy or sell
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Price: Begin the study at a point well below and end it well above the anticipated value range. This eliminates the chance of missing the range. | |
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Neighborood/Location: Pick homes within the subject neighborhood and expand the study into neighborhoods buyers and appraisers deem comparable. | |
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Site Elements: | |
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Lot size and shape | |
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Placement of home relative to its neighbors | |
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Overall landscaping on the site | |
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External positives (view, open space, waterfront) | |
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External negatives (road noise, power lines, inconsistent neighbors) | |
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Exterior details: | |
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Type and condition of siding(s) | |
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Status of exterior paint--color and how recently repainted | |
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Age of roof, its overall look, and whethel it will last at least 5 years | |
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Outbuildings, their location(s) and purpose | |
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Deck, patio, hot tub, and pool | |
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Whole Home Components: | |
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Architectural design | |
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Quality of construction | |
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Overall livable square footage, interior layout, and room sizes | |
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Windows and skylights | |
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Type and number of fireplaces | |
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Garage and storage space | |
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Original age of the home and effective age of home (updating and condition) | |
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Interior Specifics | |
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Interior paint colors and condition | |
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Type and age of floor coverings | |
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Kitchen cabinets, counters, fixtures, appliances | |
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Bathroom grade | |
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Light or dark feel throughout | |
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Personal property included and excluded | |
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