Licensed real estate agents can provide you with a competitive market analysis, this is based on:
- Comparable properties in the area
- Adjustments for differences in size and condition of the property
- Differences based on location or the sale/rental date of the property
While real estate prices are fluid and certainly open to negotiation there are very real trends that affect not only the housing market as a whole, but localized areas as well. This can include everything from:
- New construction
- Zoning changes
- Condemned properties
- Traffic pattern changes
It is important to remember when assessing property that there are three factors that will most influence the price
- Location
- Value of improvements (the home or unit)
- Uniqueness of property
For more information or to set up an appointment call Stuart at
(703)765-0300.
