Buying or Selling a Home/Townhouse

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Expert: - 6/29/2009


Question
Hi Connie, I want to ask how do you put a value on a townhouse? I don't want to ask the seller, I want a way myself to figure a value. Also Connie what is the difference between a Condo and a Townhouse? Thanks, Gary

Answer
Hi Gary,

A Condo and a Townhouse are similar in that they are both in a planned community, usually have HOA's, common area ie: pathways, parking structures, pools, tennis courts etc... on the scale of value, a Townhouse trumps a condo... usually due to the fact that you have no one living above or below you... ie: more desirable, although I have seen single level single story condos, usually in seniors complexes...

You can attach more value to the Townhouse... the exact amount is not a tried and true matrix to figure this out... depending on where you live, and what the desirability is for a Townhouse..will all make a difference...

You also did not mention if this is investment or personal... value is different on each, what you may buy as an investment is not necessary so as a personal residence... keep that in mind also...

Lastly on a Townhouse... depending on inside or end unit... whether or not it is in the most desired section or on the main thoroughfare all can make a value change...

Seek the advise of a local RealtorŪ in your area.. your will get very valuable information for no cost... and hopefully build up a relationship that you'll have a trusted professional in your corner... We do work for our wages... and a good RealtorŪ is worth their weight in gold! Every time...

Buying or Selling a Home

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Connie Wildasinn-Broker,GRI,RealtorŪ

Expertise

Broker,GRI,RealtorŪ, Investor since 1979. Buying or Selling Residential and Income/Investment Properties, How to understand the process, how to negotiate through the transaction, What to Look for - But more importantly 'What to lookout for!', How to tell if the time is right - or hold on and wait. Why not to listen to your friends and even your family members, Who really has your best interest at heart?. Understand why any market is a good market and how to spot a good investment for you! If you are looking in California.. check out my website www.MetroCalBrokers.com and if you need assistance in a neighborhood I don't service, I will locate a local agent to that area who actually knows their profession and can assist you in your needs!

Experience

4th generation Realtor in the real estate business, I have helped for over 2 decades clients buy and sell, I am the owner of a local brokerage in the Los Angeles /Long Beach area, and have been a top producing agent in the area since I became licensed. Working through a deal is different to every client, no two people or deals are exactly the same. Knowing how to bring professional advise to the table with clear and concise understanding of real estate world. I can help you handle your buying, selling and investing, managing a 1031 Exchange, working with Equity Sales, Probate, Pre-Foreclosure Regular and Short Sales there is little that I have not seen come across my desk over the decades!

Organizations
NAR, CAR, WCR, ABR, e-Pro, GRI, BKBIA, CHNA,SSG

Publications
Broker Agent Magazine Long Beach Business Journal Long Beach Press Telegram Signal Hill Tribune Grunion Gazette All Experts Zillow - Lead Agent - Advise Expert Truila - Advise Expert

Education/Credentials
Broker-owner, RealtorŪ, GRI,e-Pro, SSG-Short Sale Certified

Awards and Honors
Managing Broker for MetroCal Brokers. We merged my old brokerage with MetroCal this year, and we look forward to expansion and growth moving forward. We currently employ 30 Realtors and growing. 15 years running top selling agent in Long Beach, South Bay area California. Top Producer 5 years straight Re/Max, C21, Realtyworld.

Past/Present Clients
upon request = or check out our website www.MetroCalBrokers.com and check the Testimonials section!

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