Questions to ask before buying a home

Questions to ask before make an offer What is the property worth in current market?

What is the property worth in current market?

ď‚š Many play the best role on property estimation and price by (comps) comparable sales, important three key factors plays the best role of property value such us Size(square footage) of the home, Location and the number of bedrooms and bathrooms.

1.Location ď‚š Location definitely play the best role in property value estimation. A professional realtors typically looks the property in one mille radios or less and so should you. The subdivision, where the houses are all similar and built in the same time period, compare the similar houses with relevant style in the same subdivision or property to get an accurate valuation. ď‚š Must go outside comparable sales, with other subdivisions. Dividing lines is must be careful geographic lines such us the park, a main highway or opposite side of the river these are the invisible dividing lines that put another school district and may not collect equitable accompaniment.

2. Size:

ď‚š When calculating the home values make sure to evaluate the square footage. Note that appraisers usually verify homes that area unit inside two hundredth up or down in sq. footage as comparable. Usually (especially inside a subdivision), most homes fall inside a reasonably restricted size vary. Therefore, you ought to be able to develop a decent gauge for the terms of homes in those explicit sizes.

3.Bedrooms & bathrooms

ď‚š The number of bedrooms and bathrooms is more relevant than the raw square footage.

Example a three bedroom house with 1300 square feet might be worth than two bedroom with 1350 square feet. It is also mainly speaks where the bedroom and bathroom is located –it is on the main floor or basement.