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 It used to be a relatively easy task to determine a homes value and to establish
a selling price for that home, but today's a different story.
Home values are in a state of flux with homes in some neighborhoods down as much
as 20% for resales and 30-50% for new construction homes. If you need to or just want to sell your home in this market you have to be realistic
in your pricing and also realize that if your going to buy another home, you will be buying at a big market discount. Simply said, you may lose some value on the selling end but will make it up on the buying end. Home Valuations for market sale pricing are primarily based on comparative homes sold like yours within a 1 mile radius of your home. Appraisers try to match your home against other homes like yours that have sold within the last 6 months. Most appraisers use 3 "comparables" in determining their opinion of value, and lenders today want them to be as conservative as possible in the approach. The result are lower values for existing homes and new home inventories. If you purchased a home in '05-'07 period you will lose some of your equity in most situations, but some communities have maintained their value quite well, and have even gained some value. The correct selling price of a home is the highest price that the market will bear. To assist you in determining the correct asking price we provide you with a comprehensive market analysis of comparable properties sold and offered for sale in your neighborhood. To provide a more detailed Comparative Market Analysis, we would be more than happy to also assess your listing in person. Simply enter your criteria below, and we will provide you with a speedy response. The more information given, the more accurate the evaluation. All information you provide is secure and will be kept strictly confidential. There is no obligation. Please indicate when you are thinking of selling and if you are moving within Atlanta or relocating outside Atlanta.
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