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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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Q	What is considered one of the slimmest buildings ever designed?
A	The Carnegie Hall Tower, designed by Cesar Pelli, is only 50 feet wide and 60 stories high.
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Oregon Real Estate Team, REALTOR®, real estate agents and broker for Milwaukie, Clackamas / Happy Valley and SE Portland, Oregon home listings, property and land for sale - NUMBER1EXPERT™

Oregon Real Estate Team
Hasson Company Realtors
12809 SE 93rd Ave.
Clackamas OR. 97015
Phone: 503-652-9801
Fax: 503-212-2410
Email: jongaipo@NUMBER1EXPERT.com
work email: gaipoj@hasson.com

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