HOUSE prices in some of London’s wealthiest areas continued to tumble last month, according to a high end estate agent. Our home prices approximately triple those of Miami, Philadelphia, Chicago and Atlanta, the Bay Area is truly in a league of its own when it comes to buying a home. Understanding factors such as the number of bedrooms and bathrooms, the land area and the geographic context of the property allows for a much more accurate analysis of true value movements across specific housing markets.
The provincial Crown corporation estimates values on behalf of B.C. municipalities, which use the data to determine how much homeowners will pay in property taxes. Population in the metro area is now approximately 2.4 million residents with about 100 new people arriving every day.
What most sellers don’t understand is that Zillow estimates values of over 100 million homes across the country. According to CoreLogic, Florida is still 37% below peak home prices, second-worst in the nation. While the average effect of an additional one point of transit score was to increase home values by $2,000 or between one-half of one percent and one percent in most cities, the impact was noticeably greater in some cities than others.
The above comparison of Assessed Values to Zillow Values shows a correlation coefficient of a perfect 1. How interesting! The Quicken Loans HPPI represents the difference between appraisers’ and homeowners’ opinions of home values. Complete this Basic Version of the Online Request Form and receive a standard value report for a used manufactured home in seconds.
An investor who has worked/lived/played in a certain area for a period of time will get to know how the value of a particular piece of property changes. Use this Professional Version of the Online Request Form to generate an in-depth value report and get the most complete and accurate representation of what a Manufactured Home is really worth.