Tagged : comparative market analysis

Found 2 blog entries tagged as "comparative market analysis".

The comparison market analysis, otherwise known as a CMA, is an analytics tool real estate professionals use to help sellers learn what homes similar to theirs in size, age, and features have sold for, and buyers learn how close to asking price homes have sold for so they have a better idea how much to offer.

A CMA can provide quantifiable commodity details – such as age, square footage, lot size, and location, and number of bedrooms, living areas, and baths. But it can’t tell you the subjective details that make one house more attractive than another similar home, such as how well it’s been updated, landscaped, or maintained.

And that’s where your Berkshire Hathaway HomeServices network professional can be invaluable. With their market

147 Views, 0 Comments

FINANCIAL ADVICE | How to Challenge Higher Property Taxes

According to the National Taxpayers Union, between 30% and 60% of taxable property in the United States is over-assessed, yet less than 5% of homeowners appeal their assessments.

Your2020 tax assessment will outline county, city and school taxes, as well as special assessments. Look online or call the assessor’s office for a list of factors used to evaluate properties and render assessments, including time frames. Compare them to your bill and make sure your square footage, lot size, number of bedrooms and baths are listed correctly.

If you can’t find the assessment rate on your statement, call the taxing authority and ask what the assessment rate is for your home’s location. There should

299 Views, 0 Comments