Lee Ginsburg

What is Market Value

October 28, 2008 · · 1 Comment

 

To determine pricing first one should determine present market value.  When assessing residential property four major factors account for I’d say about 75% of the value: 

  • Location · Living area size · lot size· condition/renovations of the property.

Other factors that come into play are the number of bedrooms, baths, bonus areas, in-law potential, color scheme, floor plan, pool, fireplace, single or multi story, attached or not plus more. Read more