Resale Value | <– Date –> <– Thread –> |
From: LouHarr (LouHarraol.com) | |
Date: Thu, 28 Sep 2006 17:11:24 -0700 (PDT) |
Louise Harris Two Acre Wood Sebastopol, Calif Hello, The resale value is useful in getting financing. We built 7 years ago and at that time found comps from other cohos where value had held or increased. This info was a good point. Actual comps seemed to come from the local community condos etc. My refinance appraiser did count 1/14 of the value of the common areas toward the value of mine. We've been in a hot market and a progressive area so the home values have really risen.This is a small town near larger towns, the beach, beautiful land and not too far from San Francisco. Our first 2 sales took place this year and had risen comparable to local housing. Best of luck! Just keep going. Louise Harris
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