Lawrence Kansas Real Estate Sell a Home or Rent a Home?
By Rob Lang, Local Expert in NE Central Kansas Real Estate Home
(At Home Kansas)
A client recently asked what his rental property was worth and what the current rental rate would be which is kind of like asking whether he should sell a home or rent a home he has. Outside and inside curb appeal and overall condition of the property are factors that can add or subtract from the values stated below, but it gives some facts that hopefully were of help to him.Based on the average cost per sq ft of your competition (Active listings) being $119.075 and your property having 925 sq ft, $110,144.40 is the average listing price for your property. You want to be in the upper half of the listings and the higher the better (shorter DOM). I would suggest a $110,000 negotiable asking price if you have time to wait for it to sell and $100,000 firm if you need to sell it fast. The...
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