<description>&lt;div class="separator" style="clear: both; text-align: left;"&gt; &lt;a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhaAjI54sN0EIwxHYzPT-k15PTBnddE7wZ9emWvNgp5dXt6ogfHfFIxdYdPGTez6eqKgEsGGmaLLKxA3ZAWElrfBE__iw5BLmuj0JuU8J3_-8qDE3VbPDpE00vhg7kyIClHMXZpYsqWLsi6/s1600/PAJuly2017DigitalMarketingCampaignInstagram-1499688113382.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" data-original-height="1000" data-original-width="1000" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhaAjI54sN0EIwxHYzPT-k15PTBnddE7wZ9emWvNgp5dXt6ogfHfFIxdYdPGTez6eqKgEsGGmaLLKxA3ZAWElrfBE__iw5BLmuj0JuU8J3_-8qDE3VbPDpE00vhg7kyIClHMXZpYsqWLsi6/s200/PAJuly2017DigitalMarketingCampaignInstagram-1499688113382.jpg" width="200" /&gt;&lt;/a&gt;Understanding a home’s true market value is about more than pictures, software assessments and price-per-square-foot. Whether you’re a current homeowner thinking of selling or are house-hunting, it’s crucial you understand what factors affect home valuation. By partnering with a local market expert, sellers will avoid pricing their house out of the market (the kiss of death in real estate) and buyers will ensure they get a good deal on their next home.&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; So, how do you accurately calculate a home’s value? After all, the value a home is assigned by its town or county and the one it’s given when it’s listed are often dramatically different from one another. Which one is accurate and what does it all mean? Read on to learn more.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;&lt;br /&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;span style="color: #990000;"&gt;&lt;u&gt;&lt;b&gt;Assessed Value vs Market Value: What’s the difference?&lt;/b&gt;&lt;/u&gt;&lt;/span&gt;&lt;b&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; When it comes to home value, you’ll often hear two terms, &lt;b&gt;assessed value&lt;/b&gt; and &lt;b&gt;market value&lt;/b&gt;. &lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;A home’s assessed value&lt;/b&gt; is often the lower number of the two, and is the value given by your municipality or county. Investopedia defines &lt;a href="http://www.investopedia.com/terms/a/assessedvalue.asp"&gt;&lt;span style="color: #1155cc;"&gt;assessed value&lt;/span&gt;&lt;/a&gt; as “the dollar value assigned to a property to measure applicable taxes.”&lt;sup&gt;1&lt;/sup&gt; Although property tax laws vary, assessors commonly arrive at this number by taking into account the following:&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l5 level1 lfo4; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;What comparable/similar homes are selling for in your area.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l5 level1 lfo4; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;The value of recent improvements.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l5 level1 lfo4; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Income from renting out a room or space on the property.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l5 level1 lfo4; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;How much it would cost to rebuild on the property.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;A home’s market value&lt;/b&gt;, or Fair Market Value, is the price a buyer is willing to pay or a seller is willing to accept for a property. A skilled real estate professional will arrive at the value using a variety of metrics, including:&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l0 level1 lfo3; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;External characteristics, such as lot size, home style, the condition of the home and curb appeal.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l0 level1 lfo3; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Internal characteristics, such as the number of rooms and their size, the type and condition of the heating or HVAC system, the quality and condition of construction, the flow of the home, etc.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l0 level1 lfo3; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;The sales price of comparable homes that have sold in your area.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l0 level1 lfo3; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Supply and demand; that is, how many buyers and sellers are in the area.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l0 level1 lfo3; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Location; that is, the quality and desirability of your neighborhood and other community amenities.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; Why are these values often so different? An assessor&lt;a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"&gt;&lt;span style="color: windowtext; text-decoration-line: none;"&gt; &lt;/span&gt;&lt;/a&gt;&lt;a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"&gt;&lt;span style="color: #1155cc;"&gt;usually estimates your property’s market value&lt;/span&gt;&lt;/a&gt; during a reassessment or if you make a physical change or improvement to it.&lt;sup&gt;2&lt;/sup&gt; As a result, a property may not be reassessed for many years. While your home’s market value may fluctuate with the market, your&lt;a href="http://www.realtor.com/advice/sell/assessed-value-vs-market-value-difference/"&gt;&lt;span style="color: windowtext; text-decoration-line: none;"&gt; &lt;/span&gt;&lt;/a&gt;&lt;a href="http://www.realtor.com/advice/sell/assessed-value-vs-market-value-difference/"&gt;&lt;span style="color: #1155cc;"&gt;home’s assessed value is more likely to remain steady&lt;/span&gt;&lt;/a&gt;.&lt;sup&gt;3&lt;o:p&gt;&lt;/o:p&gt;&lt;/sup&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;&lt;u&gt;&lt;span style="color: #990000;"&gt;What Determines a Home’s Value?&lt;/span&gt;&lt;/u&gt;&lt;/b&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; You’ve likely heard the motto of real estate: “Location, location, location.” This means a home’s value relies on its location. While the home and structures on the property will likely depreciate over time, the land beneath it tends to appreciate. Why? Land is in limited supply and a growing population puts increased demand on the housing supply. As a result, &lt;a href="http://www.investopedia.com/articles/mortgages-real-estate/08/housing-appreciation.asp?lgl=myfinance-layout"&gt;&lt;span style="color: #1155cc;"&gt;values increase&lt;/span&gt;&lt;/a&gt;.&lt;sup&gt;4&lt;/sup&gt; &lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; Other factors that affect your home’s value include the function and appearance of the property, how well the home and other structures are maintained and whether the home is a lifestyle property, such as a ranch style with mountain views or beach bungalow. &lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; Ultimately, the best indication of a home’s value is the overall supply and demand of the market. This is why we recommend you partner with a real estate professional who takes all of these factors&lt;span style="background: white; color: #545454; font-family: Roboto; mso-bidi-font-family: Roboto; mso-fareast-font-family: Roboto; mso-highlight: white;"&gt;—&lt;/span&gt;the assessed value, local market conditions, home features and has physically walked through and experienced your home&lt;span style="background: white; color: #545454; font-family: Roboto; mso-bidi-font-family: Roboto; mso-fareast-font-family: Roboto; mso-highlight: white;"&gt;—&lt;/span&gt; into consideration &lt;span style="background: white; mso-highlight: white;"&gt;to determine &lt;/span&gt;the most accurate market value. &lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;&lt;span style="color: #990000;"&gt;&lt;u&gt;How to determine if a property is comparable to yours.&lt;/u&gt;&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; Both assessed value and market value are partially determined by the sales price of similar, or comparable, homes in the area. To determine if a home is comparable to yours, look for the following characteristics:&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l3 level1 lfo1; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Lot size&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l3 level1 lfo1; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Square footage&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l3 level1 lfo1; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Home style or similar architecture &lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l3 level1 lfo1; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Age&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l3 level1 lfo1; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Location&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; While you may not find a home with the same exact characteristics as yours, you’ll likely find a few that are close. To account for any disparity, adjust the sales prices of the comparable properties. Look at the differences between your property and the one in question and determine if the differences increased or decreased the sales price and by how much. For example, if your home has two bathrooms and a similar home only has three, estimate how much that extra bathroom increased the sale price of the similar home. The&lt;a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"&gt;&lt;span style="color: windowtext; text-decoration-line: none;"&gt; &lt;/span&gt;&lt;/a&gt;&lt;a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"&gt;&lt;span style="color: #1155cc;"&gt;adjusted sale price&lt;/span&gt;&lt;/a&gt; is the estimation of what the property would sell for if the properties were exactly the same.&lt;sup&gt;2&lt;o:p&gt;&lt;/o:p&gt;&lt;/sup&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;&lt;u&gt;&lt;span style="color: #990000;"&gt;Where can you find comparable sales?&lt;/span&gt;&lt;/u&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; Fortunately, you can find comparable home sales in a&lt;a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"&gt;&lt;span style="color: windowtext; text-decoration-line: none;"&gt; &lt;/span&gt;&lt;/a&gt;&lt;a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"&gt;&lt;span style="color: #1155cc;"&gt;variety of places&lt;/span&gt;&lt;/a&gt;.&lt;sup&gt;2&lt;o:p&gt;&lt;/o:p&gt;&lt;/sup&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l4 level1 lfo6; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Your local assessor’s office is able to provide a list of recent sales you can browse and compare or a sales history of a particular house, home style or neighborhood.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l4 level1 lfo6; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Your municipality. Many cities keep local sales information in their offices or post it online.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l4 level1 lfo6; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Online databases, such as a real estate database&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l4 level1 lfo6; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Your local newspapers may offer some real estate information in the form of quarterly sales reports in the business or real estate sections of the newspaper.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l4 level1 lfo6; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Our office. We regularly do Comparable Market Analysis of homes in our local area.&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;&lt;span style="color: #990000;"&gt;&lt;u&gt;How to calculate your home’s value.&lt;/u&gt;&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; By answering a few questions about your home, property and the local market, you can begin to estimate your property’s value. We’ve also included a worksheet for you below...&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;&lt;span style="color: #990000;"&gt;&lt;u&gt;Home Value Questions:&lt;/u&gt;&lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; When was your home last assessed?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; What was its CMA assessment value?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; What is your area’s average sales price?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; What is your area’s average price/square foot?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;Structure:&lt;o:p&gt;&lt;/o:p&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l6 level1 lfo8; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Is the architecture and exterior structure of the home consistent, superior or inferior to other homes in the area?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l6 level1 lfo8; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Does the era or genre (Modern, Victorian, Ranch, Cottage, etc.) add a premium based on current design trends?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l6 level1 lfo8; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;How does the floor plan and room size proportions of the home compare to other homes on the market?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;Interior Structure:&lt;o:p&gt;&lt;/o:p&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l7 level1 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;How does the kitchen compare to others on the market?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Updated or outdated&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Floor plan&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Appliance packages&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l7 level1 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;How does the Master Suite compare to others on the market?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Size&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;First/second floor&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Updated or outdated&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Access to Master Bath&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l7 level1 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;How does the Master Bath compare to others on the market?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Updated or outdated&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Shower and bath&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Flooring&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;Outside Areas:&lt;o:p&gt;&lt;/o:p&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l1 level1 lfo5; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Are there views, outdoor living areas or recreational areas?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l1 level2 lfo5; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Pools&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l1 level2 lfo5; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Ponds&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l1 level2 lfo5; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;○&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Patios&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l1 level1 lfo5; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;How does the landscaping and hard-scaping compare to the market? (e.g., built elements such as walkways, patios, decks, etc.)&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;Overall Condition of Home&lt;o:p&gt;&lt;/o:p&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l2 level1 lfo7; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;What is the level of repair needed to compete with other homes?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l2 level1 lfo7; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;Does the home need to be staged? How does it show?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l2 level1 lfo7; text-indent: -.25in;"&gt; &lt;!--[if !supportLists]--&gt;●&lt;span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;!--[endif]--&gt;What curb appeal projects are necessary to be consistent with others on the market?&lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div align="center" class="MsoNormal" style="text-align: center;"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div align="center" class="MsoNormal" style="text-align: center;"&gt; &lt;b&gt;&lt;span style="color: #990000;"&gt;&lt;u&gt;&lt;br /&gt;&lt;/u&gt;&lt;/span&gt;&lt;/b&gt;&lt;/div&gt; &lt;div align="center" class="MsoNormal" style="text-align: center;"&gt; &lt;b&gt;&lt;span style="color: #990000;"&gt;&lt;u&gt;Home Assessment Worksheet&lt;/u&gt;&lt;/span&gt;&lt;/b&gt;&lt;/div&gt; &lt;div align="center" class="MsoNormal" style="text-align: center;"&gt; &lt;b&gt;&lt;span style="color: #990000;"&gt;&lt;u&gt;&lt;br /&gt;&lt;/u&gt;&lt;/span&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="separator" style="clear: both; text-align: center;"&gt; &lt;a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJwWYiEPwOqOA5Jyo7VDiNR-R7MM6ZkMIHeDqwuva-2hWwyekd0f6q6tmmgac2YIGyO017rDQ5o69FWniamV_DJuDAobwqLNGcb5N3KB6zyM32fYwXkhZcJ_tE_WhV-LvPtYYwdTVQCKTz/s1600/blog+img.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"&gt;&lt;img border="0" data-original-height="1314" data-original-width="1406" height="372" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJwWYiEPwOqOA5Jyo7VDiNR-R7MM6ZkMIHeDqwuva-2hWwyekd0f6q6tmmgac2YIGyO017rDQ5o69FWniamV_DJuDAobwqLNGcb5N3KB6zyM32fYwXkhZcJ_tE_WhV-LvPtYYwdTVQCKTz/s400/blog+img.png" width="400" /&gt;&lt;/a&gt;&lt;/div&gt; &lt;div align="center" class="MsoNormal" style="text-align: center;"&gt; &lt;b&gt;&lt;span style="color: #990000;"&gt;&lt;u&gt;&lt;br /&gt;&lt;/u&gt;&lt;/span&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;b&gt;If you want to accurately assess a home’s value, it’s crucial to know about the market activity of our local area. We can help! Give us a call to get the scoop on the local market.&lt;o:p&gt;&lt;/o:p&gt;&lt;/b&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;span style="font-size: 9.0pt; line-height: 115%;"&gt;Sources: 1. Investopedia &lt;/span&gt;&lt;a href="http://www.investopedia.com/terms/a/assessedvalue.asp"&gt;&lt;span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;"&gt;http://www.investopedia.com/terms/a/assessedvalue.asp&lt;/span&gt;&lt;/a&gt;&lt;span style="font-size: 9.0pt; line-height: 115%;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;span style="font-size: 9.0pt; line-height: 115%;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 2. New York State Department of Taxation and Finance&lt;/span&gt;&lt;a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"&gt;&lt;span style="color: windowtext; font-size: 9pt; line-height: 115%; text-decoration-line: none;"&gt; &lt;/span&gt;&lt;/a&gt;&lt;a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"&gt;&lt;span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;"&gt;https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm&lt;/span&gt;&lt;/a&gt;&lt;u&gt;&lt;span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/u&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;span style="font-size: 9.0pt; line-height: 115%;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;&amp;nbsp;&amp;nbsp; 3. Realtor.com&lt;/span&gt;&lt;a href="http://www.realtor.com/advice/sell/assessed-value-vs-market-value-difference/"&gt;&lt;span style="color: windowtext; font-size: 9pt; line-height: 115%; text-decoration-line: none;"&gt; &lt;/span&gt;&lt;/a&gt;&lt;a href="http://www.realtor.com/advice/sell/assessed-value-vs-market-value-difference/"&gt;&lt;span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;"&gt;http://www.realtor.com/advice/sell/assessed-value-vs-market-value-difference/&lt;/span&gt;&lt;/a&gt;&lt;u&gt;&lt;span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/u&gt;&lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;span style="font-size: 9.0pt; line-height: 115%;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;&amp;nbsp;&amp;nbsp; 4. Investopedia,&lt;/span&gt;&lt;a href="http://www.investopedia.com/articles/mortgages-real-estate/08/housing-appreciation.asp?lgl=myfinance-layout"&gt;&lt;span style="color: windowtext; font-size: 9pt; line-height: 115%; text-decoration-line: none;"&gt; &lt;/span&gt;&lt;/a&gt;&lt;a href="http://www.investopedia.com/articles/mortgages-real-estate/08/housing-appreciation.asp?lgl=myfinance-layout"&gt;&lt;span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;"&gt;http://www.investopedia.com/articles/mortgages-real-estate/08/housing-appreciation.asp?lgl=myfinance-layout&lt;/span&gt;&lt;/a&gt;&lt;u&gt;&lt;span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/u&gt;&lt;/div&gt; &lt;div align="center" class="MsoNormal" style="text-align: center;"&gt; &lt;/div&gt; &lt;div class="MsoNormal"&gt; &lt;br /&gt;&lt;/div&gt; &lt;div align="center" class="MsoNormal" style="text-align: center;"&gt; &lt;o:p&gt;&lt;/o:p&gt;&lt;/div&gt; &lt;br /&gt;</description>

Sacramento CA Real Estate Podcast with Thomas March

[email protected] (Thomas March)

Real Home Value Calculator: Assessed Value vs Market Value

JUL 25, 2017-1 MIN
Sacramento CA Real Estate Podcast with Thomas March

Real Home Value Calculator: Assessed Value vs Market Value

JUL 25, 2017-1 MIN

Description

<div class="separator" style="clear: both; text-align: left;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhaAjI54sN0EIwxHYzPT-k15PTBnddE7wZ9emWvNgp5dXt6ogfHfFIxdYdPGTez6eqKgEsGGmaLLKxA3ZAWElrfBE__iw5BLmuj0JuU8J3_-8qDE3VbPDpE00vhg7kyIClHMXZpYsqWLsi6/s1600/PAJuly2017DigitalMarketingCampaignInstagram-1499688113382.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="1000" data-original-width="1000" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhaAjI54sN0EIwxHYzPT-k15PTBnddE7wZ9emWvNgp5dXt6ogfHfFIxdYdPGTez6eqKgEsGGmaLLKxA3ZAWElrfBE__iw5BLmuj0JuU8J3_-8qDE3VbPDpE00vhg7kyIClHMXZpYsqWLsi6/s200/PAJuly2017DigitalMarketingCampaignInstagram-1499688113382.jpg" width="200" /></a>Understanding a home’s true market value is about more than pictures, software assessments and price-per-square-foot. Whether you’re a current homeowner thinking of selling or are house-hunting, it’s crucial you understand what factors affect home valuation. By partnering with a local market expert, sellers will avoid pricing their house out of the market (the kiss of death in real estate) and buyers will ensure they get a good deal on their next home.</div> <div class="MsoNormal"> <o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> So, how do you accurately calculate a home’s value? After all, the value a home is assigned by its town or county and the one it’s given when it’s listed are often dramatically different from one another. Which one is accurate and what does it all mean? Read on to learn more.<o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> <b><br /></b></div> <div class="MsoNormal"> <span style="color: #990000;"><u><b>Assessed Value vs Market Value: What’s the difference?</b></u></span><b><o:p></o:p></b></div> <div class="MsoNormal"> When it comes to home value, you’ll often hear two terms, <b>assessed value</b> and <b>market value</b>. <o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> <b>A home’s assessed value</b> is often the lower number of the two, and is the value given by your municipality or county. Investopedia defines <a href="http://www.investopedia.com/terms/a/assessedvalue.asp"><span style="color: #1155cc;">assessed value</span></a> as “the dollar value assigned to a property to measure applicable taxes.”<sup>1</sup> Although property tax laws vary, assessors commonly arrive at this number by taking into account the following:<o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l5 level1 lfo4; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->What comparable/similar homes are selling for in your area.<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l5 level1 lfo4; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->The value of recent improvements.<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l5 level1 lfo4; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Income from renting out a room or space on the property.<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l5 level1 lfo4; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->How much it would cost to rebuild on the property.<o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> <b>A home’s market value</b>, or Fair Market Value, is the price a buyer is willing to pay or a seller is willing to accept for a property. A skilled real estate professional will arrive at the value using a variety of metrics, including:<o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l0 level1 lfo3; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->External characteristics, such as lot size, home style, the condition of the home and curb appeal.<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l0 level1 lfo3; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Internal characteristics, such as the number of rooms and their size, the type and condition of the heating or HVAC system, the quality and condition of construction, the flow of the home, etc.<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l0 level1 lfo3; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->The sales price of comparable homes that have sold in your area.<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l0 level1 lfo3; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Supply and demand; that is, how many buyers and sellers are in the area.<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l0 level1 lfo3; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Location; that is, the quality and desirability of your neighborhood and other community amenities.<o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> Why are these values often so different? An assessor<a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"><span style="color: windowtext; text-decoration-line: none;"> </span></a><a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"><span style="color: #1155cc;">usually estimates your property’s market value</span></a> during a reassessment or if you make a physical change or improvement to it.<sup>2</sup> As a result, a property may not be reassessed for many years. While your home’s market value may fluctuate with the market, your<a href="http://www.realtor.com/advice/sell/assessed-value-vs-market-value-difference/"><span style="color: windowtext; text-decoration-line: none;"> </span></a><a href="http://www.realtor.com/advice/sell/assessed-value-vs-market-value-difference/"><span style="color: #1155cc;">home’s assessed value is more likely to remain steady</span></a>.<sup>3<o:p></o:p></sup></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> <b><u><span style="color: #990000;">What Determines a Home’s Value?</span></u></b><o:p></o:p></div> <div class="MsoNormal"> You’ve likely heard the motto of real estate: “Location, location, location.” This means a home’s value relies on its location. While the home and structures on the property will likely depreciate over time, the land beneath it tends to appreciate. Why? Land is in limited supply and a growing population puts increased demand on the housing supply. As a result, <a href="http://www.investopedia.com/articles/mortgages-real-estate/08/housing-appreciation.asp?lgl=myfinance-layout"><span style="color: #1155cc;">values increase</span></a>.<sup>4</sup> <o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> Other factors that affect your home’s value include the function and appearance of the property, how well the home and other structures are maintained and whether the home is a lifestyle property, such as a ranch style with mountain views or beach bungalow. <o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> Ultimately, the best indication of a home’s value is the overall supply and demand of the market. This is why we recommend you partner with a real estate professional who takes all of these factors<span style="background: white; color: #545454; font-family: Roboto; mso-bidi-font-family: Roboto; mso-fareast-font-family: Roboto; mso-highlight: white;">—</span>the assessed value, local market conditions, home features and has physically walked through and experienced your home<span style="background: white; color: #545454; font-family: Roboto; mso-bidi-font-family: Roboto; mso-fareast-font-family: Roboto; mso-highlight: white;">—</span> into consideration <span style="background: white; mso-highlight: white;">to determine </span>the most accurate market value. <o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> <b><span style="color: #990000;"><u>How to determine if a property is comparable to yours.</u></span><o:p></o:p></b></div> <div class="MsoNormal"> Both assessed value and market value are partially determined by the sales price of similar, or comparable, homes in the area. To determine if a home is comparable to yours, look for the following characteristics:<o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l3 level1 lfo1; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Lot size<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l3 level1 lfo1; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Square footage<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l3 level1 lfo1; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Home style or similar architecture <o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l3 level1 lfo1; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Age<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l3 level1 lfo1; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Location<o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> While you may not find a home with the same exact characteristics as yours, you’ll likely find a few that are close. To account for any disparity, adjust the sales prices of the comparable properties. Look at the differences between your property and the one in question and determine if the differences increased or decreased the sales price and by how much. For example, if your home has two bathrooms and a similar home only has three, estimate how much that extra bathroom increased the sale price of the similar home. The<a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"><span style="color: windowtext; text-decoration-line: none;"> </span></a><a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"><span style="color: #1155cc;">adjusted sale price</span></a> is the estimation of what the property would sell for if the properties were exactly the same.<sup>2<o:p></o:p></sup></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> <b><u><span style="color: #990000;">Where can you find comparable sales?</span></u><o:p></o:p></b></div> <div class="MsoNormal"> Fortunately, you can find comparable home sales in a<a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"><span style="color: windowtext; text-decoration-line: none;"> </span></a><a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"><span style="color: #1155cc;">variety of places</span></a>.<sup>2<o:p></o:p></sup></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l4 level1 lfo6; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Your local assessor’s office is able to provide a list of recent sales you can browse and compare or a sales history of a particular house, home style or neighborhood.<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l4 level1 lfo6; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Your municipality. Many cities keep local sales information in their offices or post it online.<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l4 level1 lfo6; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Online databases, such as a real estate database<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l4 level1 lfo6; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Your local newspapers may offer some real estate information in the form of quarterly sales reports in the business or real estate sections of the newspaper.<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l4 level1 lfo6; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Our office. We regularly do Comparable Market Analysis of homes in our local area.<o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> <b><span style="color: #990000;"><u>How to calculate your home’s value.</u></span><o:p></o:p></b></div> <div class="MsoNormal"> By answering a few questions about your home, property and the local market, you can begin to estimate your property’s value. We’ve also included a worksheet for you below...<o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> <b><span style="color: #990000;"><u>Home Value Questions:</u></span><o:p></o:p></b></div> <div class="MsoNormal"> When was your home last assessed?<o:p></o:p></div> <div class="MsoNormal"> What was its CMA assessment value?<o:p></o:p></div> <div class="MsoNormal"> What is your area’s average sales price?<o:p></o:p></div> <div class="MsoNormal"> What is your area’s average price/square foot?<o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> <b>Structure:<o:p></o:p></b></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l6 level1 lfo8; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Is the architecture and exterior structure of the home consistent, superior or inferior to other homes in the area?<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l6 level1 lfo8; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Does the era or genre (Modern, Victorian, Ranch, Cottage, etc.) add a premium based on current design trends?<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l6 level1 lfo8; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->How does the floor plan and room size proportions of the home compare to other homes on the market?<o:p></o:p></div> <div class="MsoNormal"> <b>Interior Structure:<o:p></o:p></b></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l7 level1 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->How does the kitchen compare to others on the market?<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Updated or outdated<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Floor plan<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Appliance packages<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l7 level1 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->How does the Master Suite compare to others on the market?<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Size<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->First/second floor<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Updated or outdated<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Access to Master Bath<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l7 level1 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->How does the Master Bath compare to others on the market?<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Updated or outdated<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Shower and bath<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l7 level2 lfo2; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Flooring<o:p></o:p></div> <div class="MsoNormal"> <b>Outside Areas:<o:p></o:p></b></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l1 level1 lfo5; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Are there views, outdoor living areas or recreational areas?<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l1 level2 lfo5; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Pools<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l1 level2 lfo5; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Ponds<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: 1.0in; mso-add-space: auto; mso-list: l1 level2 lfo5; text-indent: -.25in;"> <!--[if !supportLists]-->○<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Patios<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l1 level1 lfo5; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->How does the landscaping and hard-scaping compare to the market? (e.g., built elements such as walkways, patios, decks, etc.)<o:p></o:p></div> <div class="MsoNormal"> <b>Overall Condition of Home<o:p></o:p></b></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l2 level1 lfo7; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->What is the level of repair needed to compete with other homes?<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l2 level1 lfo7; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->Does the home need to be staged? How does it show?<o:p></o:p></div> <div class="MsoNormalCxSpMiddle" style="margin-left: .5in; mso-add-space: auto; mso-list: l2 level1 lfo7; text-indent: -.25in;"> <!--[if !supportLists]-->●<span style="font-size: 7pt; font-stretch: normal; font-variant-numeric: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </span><!--[endif]-->What curb appeal projects are necessary to be consistent with others on the market?<o:p></o:p></div> <div class="MsoNormal"> <br /></div> <div align="center" class="MsoNormal" style="text-align: center;"> <br /></div> <div align="center" class="MsoNormal" style="text-align: center;"> <b><span style="color: #990000;"><u><br /></u></span></b></div> <div align="center" class="MsoNormal" style="text-align: center;"> <b><span style="color: #990000;"><u>Home Assessment Worksheet</u></span></b></div> <div align="center" class="MsoNormal" style="text-align: center;"> <b><span style="color: #990000;"><u><br /></u></span></b></div> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJwWYiEPwOqOA5Jyo7VDiNR-R7MM6ZkMIHeDqwuva-2hWwyekd0f6q6tmmgac2YIGyO017rDQ5o69FWniamV_DJuDAobwqLNGcb5N3KB6zyM32fYwXkhZcJ_tE_WhV-LvPtYYwdTVQCKTz/s1600/blog+img.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1314" data-original-width="1406" height="372" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJwWYiEPwOqOA5Jyo7VDiNR-R7MM6ZkMIHeDqwuva-2hWwyekd0f6q6tmmgac2YIGyO017rDQ5o69FWniamV_DJuDAobwqLNGcb5N3KB6zyM32fYwXkhZcJ_tE_WhV-LvPtYYwdTVQCKTz/s400/blog+img.png" width="400" /></a></div> <div align="center" class="MsoNormal" style="text-align: center;"> <b><span style="color: #990000;"><u><br /></u></span></b></div> <div class="MsoNormal"> <b>If you want to accurately assess a home’s value, it’s crucial to know about the market activity of our local area. We can help! Give us a call to get the scoop on the local market.<o:p></o:p></b></div> <div class="MsoNormal"> <br /></div> <div class="MsoNormal"> <span style="font-size: 9.0pt; line-height: 115%;">Sources: 1. Investopedia </span><a href="http://www.investopedia.com/terms/a/assessedvalue.asp"><span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;">http://www.investopedia.com/terms/a/assessedvalue.asp</span></a><span style="font-size: 9.0pt; line-height: 115%;"><o:p></o:p></span></div> <div class="MsoNormal"> <span style="font-size: 9.0pt; line-height: 115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. New York State Department of Taxation and Finance</span><a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"><span style="color: windowtext; font-size: 9pt; line-height: 115%; text-decoration-line: none;"> </span></a><a href="https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm"><span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;">https://www.tax.ny.gov/pubs_and_bulls/orpts/mv_estimates.htm</span></a><u><span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;"><o:p></o:p></span></u></div> <div class="MsoNormal"> <span style="font-size: 9.0pt; line-height: 115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; 3. Realtor.com</span><a href="http://www.realtor.com/advice/sell/assessed-value-vs-market-value-difference/"><span style="color: windowtext; font-size: 9pt; line-height: 115%; text-decoration-line: none;"> </span></a><a href="http://www.realtor.com/advice/sell/assessed-value-vs-market-value-difference/"><span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;">http://www.realtor.com/advice/sell/assessed-value-vs-market-value-difference/</span></a><u><span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;"><o:p></o:p></span></u></div> <div class="MsoNormal"> <span style="font-size: 9.0pt; line-height: 115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; 4. Investopedia,</span><a href="http://www.investopedia.com/articles/mortgages-real-estate/08/housing-appreciation.asp?lgl=myfinance-layout"><span style="color: windowtext; font-size: 9pt; line-height: 115%; text-decoration-line: none;"> </span></a><a href="http://www.investopedia.com/articles/mortgages-real-estate/08/housing-appreciation.asp?lgl=myfinance-layout"><span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;">http://www.investopedia.com/articles/mortgages-real-estate/08/housing-appreciation.asp?lgl=myfinance-layout</span></a><u><span style="color: #1155cc; font-size: 9.0pt; line-height: 115%;"><o:p></o:p></span></u></div> <div align="center" class="MsoNormal" style="text-align: center;"> </div> <div class="MsoNormal"> <br /></div> <div align="center" class="MsoNormal" style="text-align: center;"> <o:p></o:p></div> <br />