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Real Estate Tips
About Appraisals >A Market Analysis

Setting the right price is an important first step in the process of selling a home. Is it necessary to spend $200 to $400 for a professional appraisal of your property before placing your home on the market?

A professional appraiser's opinion of a property's market value is based on the recent sales of similar homes in the neighborhood, and on the square footage and condition of the property. Different appraisers might come up with different figures. Even if all of them agreed on a value, there is no guarantee that you would receive that amount for your property.

An alternative to a professional appraisal is to ask a professional real estate agent for a written market analysis of your property. This analysis will include information about recent home sales in your neighborhood, as well as how those homes compare to yours. Real estate agents may provide this service with no charge or obligation. If you are still unsure of the value of your home, you may wish to pay for an appraisal.

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Real Estate Trivia
Q 
What is the world's tallest monument?

A 
The stainless steel Gateway Arch in St. Louis, MO, designed by architect Eero Saarinen and costing $29 million to build, is 630 feet high.
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John Bendall, REALTORŪ, real estate agent and broker for Bridgewater, Basking Ridge and Somerset County, New Jersey home listings, property and land for sale - NUMBER1EXPERT

John Bendall
RE/MAX Classic Group

Branchburg office- 3322 Rte 22 West Suite 908
Basking Ridge office- 47 S. Finley Ave
West Milford office- 1499 Union Valley Rd
Office: 908-895-1898
Fax: 908-231-7799
Email: john@bendallgroup.com

John Bendall is the owner/broker of RE/MAX Classic Group with 3 offices in New Jersey. (Branchburg, Basking Ridge and West Milford)John started Classic in November 2005 and it has grown from 6 agents to over 75 of the best agents in New Jersey. One of real estate's biggest fans, John soaks up all the knowledge he can about every facet of the industry bring his agents all the cutting edge tools to help them meet all their clients needs. Call or email today, and we will help you achieve your Real Estate goals. Performance always Outsells Promises!

CRS ePro GRI SRES ABR ERC MLS REALTOR Equal Housing wcr


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