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Real Estate Tips
About Appraisals >A Market Analysis

Setting the right price is an important first step in the process of selling a home. Is it necessary to spend $200 to $400 for a professional appraisal of your property before placing your home on the market?

A professional appraiser's opinion of a property's market value is based on the recent sales of similar homes in the neighborhood, and on the square footage and condition of the property. Different appraisers might come up with different figures. Even if all of them agreed on a value, there is no guarantee that you would receive that amount for your property.

An alternative to a professional appraisal is to ask a professional real estate agent for a written market analysis of your property. This analysis will include information about recent home sales in your neighborhood, as well as how those homes compare to yours. Real estate agents may provide this service with no charge or obligation. If you are still unsure of the value of your home, you may wish to pay for an appraisal.

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Real Estate Trivia
Q 
What famous American sign was originally erected as a real estate ad?

A 
The Hollywood sign, built in 1923, was conceived as a real estate ad that originally read, "Hollywoodland."
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Jane Walters, REALTOR®, real estate agent and broker for Norwalk, Wilton and Darien, Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

Jane Walters
Prudential CT Realty

69 East Avenue
Norwalk, CT 06851
203-899-3236
Fax: 203-857-7842
JaneWalters@NUMBER1EXPERT.com

I’m a full-time, top producing Realtor and although it may sound like a cliché, I love what I do. For over a decade, I’ve worked with buyers and sellers in Norwalk/Rowayton and the surrounding communities of Wilton, Westport, Darien and other areas of lower Fairfield County. I’m a lifelong resident and I know the area well. Take a look at my website and you’ll find property listings, community information, school reports, mortgage information, real estate tidbits and much more – it’s one stop shopping! When you’re ready to move forward, I’m here to help you with your real estate needs.

ABR


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