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Real Estate Tips
About Appraisals >A Market Analysis

Setting the right price is an important first step in the process of selling a home. Is it necessary to spend $200 to $400 for a professional appraisal of your property before placing your home on the market?

A professional appraiser's opinion of a property's market value is based on the recent sales of similar homes in the neighborhood, and on the square footage and condition of the property. Different appraisers might come up with different figures. Even if all of them agreed on a value, there is no guarantee that you would receive that amount for your property.

An alternative to a professional appraisal is to ask a professional real estate agent for a written market analysis of your property. This analysis will include information about recent home sales in your neighborhood, as well as how those homes compare to yours. Real estate agents may provide this service with no charge or obligation. If you are still unsure of the value of your home, you may wish to pay for an appraisal.

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Real Estate Trivia
Q 
Where would you go to enjoy a soak in the world's largest bathtub?

A 
The Spa Resort Hawaiians in Fukushima, Japan, offers an outdoor soaking tub that occupies a total area of 10,760 square feet and can accommodate 1,500 persons at one time.
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The Rosemary West Team, REALTOR®, real estate agents and broker for Naperville, Plainfield and Joliet, Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

The Rosemary West Team
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2272 West 95th Street Suite 200
Naperville, IL 60564
Phone: 630-305-5740
Fax: 815-729-1878
Email: rosemarywest@NUMBER1EXPERT.com


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