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Non-Tech : Investing in Real Estate - Creative Opportunities

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To: Road Walker who wrote (2486)7/6/2015 10:53:36 AM
From: John Vosilla  Read Replies (1) of 2722
 
.Curious what they want to price it at relative to the last top? I am seeing most nicer built out single family communities without new construction nearby as competition now selling within 15% or less of the 2006 top

Zillow has some great info though the Zestimate isn't always accurate in older, non suburbia , non cookie cutter type communities where you can't compare apples to apples as easily. The mobile app too is an incredible tool can pull comps on the map then compare to what is now on the market while zooming in and out with ease..

If market is as hot as I think it is in your hood can actually set up a listing yourself on Zillow with description and pics in a matter of a couple of hours. The buyers agents plus most of your buyer pool constantly looking online is tech savy will be texting, calling and emailing you constantly

I would be careful with the psf measure adjusting comps when you have a wide range of sizes and bedrooms/baths. A 1500 3/2/2 sf home on the same block as a 3000 sf 5/3/3 will sell for much more psf especially if the latter is a two story..
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