is this house worth 84,000?
it was built in 1910 it’s three beds,large kitchen,dinning room,den,living room and house stable it’s really cool http://realestate.timesrecordnews.com/realestate/Sales/Listing.asp?lid=392-96530 here a pic of the house
I would ask the listing agent to supply you sales comps, the home looks lovely but its always location, location, location,.
The reference to Zillow was good, however I have seen the numbers way off.
Ask the agent, how long has the home been on the market? How did the seller or agent determine price?
This will give you better insight.
This is a prime example at that price and today interest rate, its cheaper to own both in the short and long term
Best to you.
PS I like Texas and Louisiana
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February 24th, 2010 at 8:00 pm
In the New Orleans area, that would go for $275,000, easy.
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February 24th, 2010 at 8:35 pm
Personally, no house is worth a penny if it means that you have to live in Texas!
Seriously, Only a local real estate agent can tell you if it is worth that much or not.
On the offchance that this is a plug to sell your home, good job!
Regards
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February 24th, 2010 at 8:44 pm
There is now a free service on the internet that gives basic information including price ranges of most properties in the USA. Go to http://www.zillow.com, type in the address, push go, and it will give you a price range, the average price (estimated), and a lot of other info like last sale price and date, taxes, assessed value, square footage, year built, etc. It takes a professional appraisal to really nail a price, but this will give you a quick idea.
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February 24th, 2010 at 9:06 pm
I would ask the listing agent to supply you sales comps, the home looks lovely but its always location, location, location,.
The reference to Zillow was good, however I have seen the numbers way off.
Ask the agent, how long has the home been on the market? How did the seller or agent determine price?
This will give you better insight.
This is a prime example at that price and today interest rate, its cheaper to own both in the short and long term
Best to you.
PS I like Texas and Louisiana
References :
February 24th, 2010 at 9:38 pm
It’s a cute house, and yes, I’d say it’s worth the money, if it’s as stable as you say. And, there is NOTHING wrong with living in Texas, thank you. Buy it, I’m sure you’ll be glad you did!! Good luck!!
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