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Calculating Fair Value in today's market
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06-23-2014, 04:29 PM,
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RE: Calculating Fair Value in today's market
I fnd this thread very interesting, since I am seriously looking at moving from the lower mainland to the Sunshine Coast. I see some properties for sale at prices that are close to $100,000.00 over their assessed values, which have declined dramatically in the past 3 years.
Is this dreaming on their part? Seems like it to me, but what do I know? Perhaps real estate agents feel sorry for the clients and list high to make them feel better? There must be a lot of owners who are not seriously trying to sell, yet they list their homes?? When I see a great house (great by my standards), then I see that the assessment is so low and heading lower, yet the asking price is held high through 250+ days on the market, it serves to make me feel more like a complete noob with no idea about the current market on the Coast. I would have a hard time making an offer much higher than the assessment, given the trend of declining assessment values. I'd love to read more opinions on this valuation topic, since I will be listing my house. Incidentally, I will be using a realtor for the selling of my place and a different one for the buying of another, but I just need to learn more about the market... |
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Messages In This Thread |
Calculating Fair Value in today's market - by JimmyWW - 05-22-2014, 10:43 AM
RE: Calculating Fair Value in today's market - by Alexcanuck - 05-22-2014, 05:57 PM
RE: Calculating Fair Value in today's market - by NolaM - 05-28-2014, 06:07 AM
RE: Calculating Fair Value in today's market - by Boomer - 06-23-2014, 04:29 PM
RE: Calculating Fair Value in today's market - by Skook - 06-23-2014, 05:24 PM
RE: Calculating Fair Value in today's market - by JimmyWW - 06-24-2014, 04:41 AM
RE: Calculating Fair Value in today's market - by Boomer - 06-24-2014, 07:24 AM
RE: Calculating Fair Value in today's market - by JimmyWW - 07-01-2014, 07:19 AM
RE: Calculating Fair Value in today's market - by Boomer - 07-02-2014, 11:01 AM
RE: Calculating Fair Value in today's market - by georgie girl - 08-03-2015, 09:07 PM
RE: Calculating Fair Value in today's market - by Plelt - 08-04-2015, 09:27 AM
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