The value of a Maine property, a parcel of real estate.When the owner calls he or she is often in one major hurry and figures look it up broker man. Give me pronto the worth of the Maine real estate property listing. Quick like a bunny.
With a car, a computer search or thumbing through a NADA, Edmunds blue book guide can arrive at value pretty quickly.For what sits on the four tires is worth. Within a range of condition, with this, this and this options. Looking up the year, model, figuring in the mileage and voila, we have a number Houston.
With real estate in Maine it's whoa, slow down. Not so fast, not so easy. Because where the property is, the location has to be figured in. Unlike the car or truck, SUV that is mobile, moves around. The Maine real estate unless a mobile home in a park with a hitch ready to move is fixed position. Parked permanently on a foundation unless a hurricane, tornado twister happens like Dorothy and her little dog Toto too went through.
And besides all the details of the property listing in Maine that needs a valuation, the guy or gal wearing the R with the clipboard needs to study the current market.To see where this property figures in to the market today. Not five years ago. Not the town or city property taxed assessed value done three years ago. Not the insurance estimate if the place burns to the ground, reduced to a pile of ashes for the replacement value check the home owner gets handed to start over.
What has sold like the property means the agent, broker had better be touring the Maine real estate to know what he or she is dealing with, sizing up for today's value. What is on the market today competing for the attention of buyers to purchase the real estate. So the value depends on a slew of sticks and bricks specific criteria like age of roof, heating system, what for private well and septic, etc.
And where the property fits in to the bigger real estate market as a whole beyond the neighborhood around it.Area economics.. did the three major employers just close a mill? That's gonna hurt the value estimate figure. Or is there is shortage of 2 bath, 3 bedroom ranches all of a sudden? Then that short suited situation is going to pay dividends big time. Justify a higher price, greater value if the occupancy can be quick. Plus once I tour the property, I can explain what little extras are worth doing, what are not to save the owner money. Whether a property will sell or not depends if the Maine real estate listing is realistically priced, marketed passionately, whole hog, full throttle.