Major Factors Influencing Your Offer Price
Once you
have toured the property you are interested in, you should know how it
compares to the general neighborhood. All you have to do is put the home
in one of three categories - average, above average, or below average.
When
evaluating the condition of the home, there are a number of things you should
consider. Structural condition is most important - items such as walls,
ceilings, floors, doors and windows. Then consider the cosmetic items, such as paint, carpets, and floor
coverings. Pay special attention to bathrooms and bedrooms and note whether
the plumbing and electricity work efficiently. Look at the fixtures,
such as light switches, doorknobs, and drawer handles. The front and
back yards should be in reasonably good shape.
The missing
ingredient will be information on the condition of the homes from your
comparable sales list. Provided you chose the right agent to represent
you, they may have actually visited most of those homes and be able to
provide key insights.