Donna Yates, Move 2 North Georgia.net: What North Georgia Home Buyers and Sellers Want to Know

What North Georgia Home Buyers and Sellers Want to Know

North Georgia, Blue Ridge Real Estate, Home Values, Home Buyers, Home Sellers, Residential Real Estate

 


HELP ME DONNA !
 

Have a question about real estate ? EMAIL DONNA 

 

Help Me Donna, I have a real estate question 
Question
:
 
 

 How is the value of a home determined?

 

 

 

Answer:

The short of it is basically this: What you paid for your home is ultimately what it is worth. Other than that, everything else is just an estimate of value. For example when demand is high for residential housing and the inventory of homes for sale is low, homes typically sell above the asking price.  Buyers bid up the price so as not to risk losing the home to another buyer or when another offer is on the table. When a "meeting of the minds" between buyer and seller takes place, the fair market value or worth is established.


The North Georgia market is a very opportunistic market for buyers and sellers.  When do you think you will be making your next real estate move?  Call Donna Today ! 706-633-0644

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Donna Yates
Associate Broker, GRI
706-633-0644 Mobile 

My Fax Toll Free: 866-859-5454
North Georgia Blue Ridge Mountains

www.move2northgeorgia.net
www.blueridgemountains.activerain.com

EMAIL DONNA

Coldwell Banker High Country Realty 706-632-7311


You have a friend in the real estate business.  It's not just business, it's personal.
My greatest privilege is to serve your family and friends.  Thank you. 

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Donna Yates
Associate Broker, GRI
706-633-0644 Mobile
Serving North Georgia Mountains and Metro
Metro Brokers - Better Homes and Gardens Real Estate
706-515-7500 Office

MOVE 2 NORTH GEORGIA - HOMES FOR SALE

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Comment balloon 6 commentsDonna Yates • February 27 2011 09:14AM

Comments

Sometimes home owners don't realize it is what a motivated seller and buyer, under no pressure, agree upon...that is truly what it is worth.  Now what it will appraise for is another story!

Posted by Gary L. Waters, Broker Owner, Waters Realty of Brevard, LLC, ... a small office, delivering big service! (Waters Realty of Brevard, LLC) almost 7 years ago

Gary:  Appraisal! now that can certainly be challenge these days!

Posted by Donna Yates, Blue Ridge Mountains (BHGRE - Metro Brokers) almost 7 years ago

There does seem to be a misconception of what the "value" of their real estate is in this market.

Posted by Kathy Sheehan, Senior Loan Officer (Bay Equity, LLC 770-634-4021) almost 7 years ago

Kathy: Agreed.  I think sometimes the word "estimate" gets lost in the discussion.  Estimate is not absolute.

 

Posted by Donna Yates, Blue Ridge Mountains (BHGRE - Metro Brokers) almost 7 years ago

Donna this is a wonderful blog and will be featured in our group. It is always great to read your posts

Posted by Charlie Ragonesi, Homes - Big Canoe, Jasper, North Georgia Pros (AllMountainRealty.com) over 6 years ago

Charlie: Many thanks.  

Posted by Donna Yates, Blue Ridge Mountains (BHGRE - Metro Brokers) over 6 years ago

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