Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $3,768,706. To generate strong buyer interest while maximizing value, I'd price this between $4,624,000 and $5,153,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in WEST RIM. At 613 sqft larger than the typical comp, the size difference factors into the valuation. The 1983 construction puts this home 6 years older than the comp average, a factor in the pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group