Expert, localized Los Angeles answers provided by Heather Roy

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What to Offer

  what to offer. house sold in 2001 for 245,000 and sold again in 2004 for 279,900. assessed value is 285,000. last 2 years house similar sold for 255,000 to 330,000. This house is close to railway tracks that have 30 trains a day on it, train tracks are 60 to 70 yards away from the house, 2000square ft ranch move in ready what would you offer if the train didn't bother you
 
  I don't know.  I wouldn't go by what the similar houses sold for unless they were as close to the trains as this one is.  They may not bother you but they might bother other prospective buyers if you wanted to sell some time in the future.
I'll have to pass on this one.  You can always ask an appraiser for a simple estimate of value.
    Edith
Originally published on February 28, 2008
 
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