Updated: 6/20/10

	See the stats for my listing on 14806 Mountainside Ridge! Click here I listed it after a 6 month listing period without an offer expired, and had a contract within 8 days—for the highest price per square foot of any comparable!

Home Values in Raintree

Home Values in Raintree One Story Homes Two Story Homes

In the real estate business, REALTORS^® offer opinions of property values based on a Comparitive Market Analysis (CMA). A CMA is not an appraisal, though a good agent will most often get the value right.

This updated CMA (since 12/2009) indicates a nominal drop in property values, due primarily to on-going foreclosure and short sales.

In a CMA, the properties should be similar in every respect possible, and must be located within a confinded geographic area, usually a single development. The market analyses in this section take into account only the square footage and price for the listed properties. Many properties will differ in many respects, including upgrades, improvements, materials used in construction, condition and level of maintenance. All these factors and more contribute to or detract from a property's value.

Do not however expect to receive dollar-for-dollar for upgrades when you place our home on the market. The builder's markup does not transfer. On the average, you can expect upgrades and improvements to add about 60% to 70% of their cost.

The condition of the home is also a factor. If it needs painting (inside and/or out), a new roof or carpet, these should be addressed prior to putting the house on the market. The condition includes the lawn and landscape. If the lawn is barren or weed choked, it will not so much bring down the value as it may turn away prospective buyers. A nicely landscaped lot generally adds more value that the cost of the landscaping if you do it yourself.

Another factor which can make a pretty hefty difference is the right pricing strategy (price and terms) when it comes time to sell. Whether you are ready to sell or just want to know what the value of your home is, I will be happy to give you my opinion of value. Call me at 638-1885, or send an email to .