well here I am. no MLS access and a nice property that I can’t figure out an ARV for. I looked at the taxation website for my state and looked at recent sales in the area but the numbers are literally all over the place. so much so that I am questioning if they are even accurate.
Any advice?
Just wondering, have you talked to an agent to give you a CMA report?
talking to an agent now. I will tell her “cma” thanks!
YW!
That is exactly why I tell people not to use the tax numbers to value a house. Tax valuation has no correlation to the value of a house. Tax valuations are adjusted by exemptions, protests, bad data, and flat out mistakes. Every house is valued at what every other house just like it in the same neighborhood sold for in the last 6 months. You need to get your hands on sold comps. Not listed comps or tax valuations…sold comps.
well, the taxation website for this state shows recent sales. I mean, the deed/sale price of the home. so it is real data. anyhow, the agent I know said there is almost no activity in that area. some places sold for 7k some for 80k. wow. she said she “can’t run a CMA”. I guess because of the lack of activity?
anyhow back to the taxation thing. I’m not looking at the tax assesed value, I am trying to find houses in the same naighborhood and see what they ACTUALLY sold for. but my taxation website does not always list sq feet and beds/bath. only property addresses, owners, date of sale, price, etc…
crap. :banghead