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Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

I agree with Ryan Huggins - Thousand Oaks, CA and Richie Alan Naggar

Jun 19, 2016 06:51 PM
Rainmaker
1,497,548
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Where comps are readily available and the prices are pretty easy to set, I'd look at condition of the property, is it near a busy street, has it been upgraded/remodeled, etc.  That will get me to the final price.

Jun 19, 2016 06:13 AM
Rainmaker
2,774,896
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

When I was doing subdivisions, we would price the lots according to different factors like location within the community, near the club house, away from the clubhouse, size of lot, views, and many other factors. Every property has a plus or minus factor that identifies the give & take for pricing

Jun 19, 2016 04:02 AM
Ambassador
6,348,373
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Little Boxes...

Sounds like the kind of community built for appraisals and cma's, but maybe a little boring to live in.

Jun 19, 2016 03:02 PM
Ambassador
2,678,439
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 Make adjustments for lots that back to greenspace, back to clubhouse, other premium lots...  then suggest a price range as opposed to a specific exact number.

Jun 19, 2016 10:23 AM
Rainmaker
3,986,196
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

The same steps I do on all properties I comp.

Jun 19, 2016 07:38 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I would base it on the identical comps (though they are never really identical as to condition, updates, location) and make adjustments for the market and the competition.

Jun 19, 2016 05:21 AM
Rainmaker
4,969,111
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

There is a variable in upgrades and remodeling projects, some backing to greenbelts, some with pools and tennis courts..always ways to measure these to arrive at a list price that is credible.

Jun 19, 2016 02:51 AM
Rainmaker
5,095,661
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

You still have know about specific upgrades in a home that might make one home more valuable to a buyer than another. I just look in our mls for comparable sales.

Jun 19, 2016 09:30 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Lise has the answer.

Jun 19, 2016 09:27 PM
Rainmaker
7,783,544
Roy Kelley
Retired - Gaithersburg, MD

Use the current comps.

Jun 19, 2016 08:49 PM
Rainmaker
2,349,398
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

take the price of the comps and look at the ondition of the subject property 

Jun 19, 2016 12:01 PM
Ambassador
3,338,299
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I have nothing to add here that has not already been discussed. I am not necessarily in agreement with 8-12 page brochure. When people like a property they know it and remember it. That is my experience.

Jun 19, 2016 07:09 AM
Rainmaker
5,583,167
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

whenever I had a subdivision of condos that needed a price, I did comps using other new condos and made adjustments for the features of the units and the amenities in the community.... the weight was always on the features of the units ....

Jun 19, 2016 03:29 AM
Rainmaker
1,231,822
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Parked & waiting for clues.

Jun 19, 2016 01:32 AM