Our Appraisal Process in Jacksonville, NC at Century 21® Cherie Schulz Realty Firm
When you’re looking into buying a home, it’s crucial that you get an accurate assessment of how much the house is actually worth. The Century 21® Cherie Schulz Realty Firm wants to help you get the best appraisal and market value estimate for your future home. Below you’ll find information that will be useful to you as you prepare to buy a home and go through the appraisal process in Jacksonville, Camp Lejeune, Sneads Ferry, NC or one of the surrounding areas.
What is a House Worth?
A home is ultimately worth what someone will pay for it –– everything else is just an estimate of value. To determine a home’s value, most people turn to an appraiser or get a comparative market analysis. Appraisers consider square footage, construction quality, design, floor plan, neighborhood and proximity to transportation, shopping and schools to estimate the home value. The average Jacksonville home appraisal costs $400.
A comparative market analysis is a real estate agent’s informal estimate of a home’s market value, based on the sales of comparable homes in the neighborhood. Your Century 21® Cherie Schulz Realty Firm agent can help you determine the comparative market analysis for the home you’re looking at. You can also find information on recent sales of comparable properties in public records at your local assessor’s office or online.
What is the Difference Between List Price, Sale Price, Appraised Value & Market Value?
List price is a seller’s advertised price, a figure that represents a rough estimate of what the seller wants to get. Sale price is the amount of money that you as a buyer would pay for a property. The appraisal value is a certified appraiser’s estimate of the worth of a property. The market value on a home in Jacksonville, Hubert or Holly Ridge, is the price that a house will cost at any given point in time. To ensure the price and value of the home you’re considering buying is fair, consult with your Century 21® Cherie Schulz Realtor and research comparable homes in the area.
How Do You Determine the Value of a Troubled Property?
Buyers considering a foreclosed property should get as much information as possible from the lender, including the range of bids expected. It is also crucial that you examine the property in-depth. If you aren’t able to go inside the home, ask neighbors about the property’s condition. You can also take property records (found at your local assessor’s office or on the Internet) into account.
Let Century 21® Cherie Schulz Realty Firm help you find your dream home and get the best possible outcome of your home appraisal in Jacksonville, Camp Lejeune and beyond. Contact us online or call our office today at (910) 324-9977 to get started.
Century 21® Cherie Schulz Realty Firm has years of experience helping clients with the home appraisal process in Jacksonville, Richlands, Cape Carteret, Swansboro, Hubert, Beulaville, Hampstead, Holly Ridge, Sneads Ferry, Trenton and Pink Hill, NC.