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Re: Comparative Market Analysis



I've been offered $200K for the place.  I'm considering it.

What is your bottom cut-off point?  Or do you have one?  (BTW, the house
has been assessed by city to be $200,000 -- that's what my taxes are based
upon.)  My feeling is that this place probably needs $25K to bring it up
to the level of a condo.  According to
http://www.quickenloans.com/lpHouseValue/CnHouseValueByHPI/ql/content_3col/hec_calc_home_value.en.html ,
the estimated value of this place is $219,465.
http://www.laurelacker.com/brokerage_estimate.cfm says $282,543.64.
http://www.homestore.com/finance/housepriceindex/yearly/37.asp#projectioncalc
says $233,603.








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