Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

28
Posts
1
Votes
Britney Gaudet
  • Salt Lake City, UT
1
Votes |
28
Posts

coming up with offer

Britney Gaudet
  • Salt Lake City, UT
Posted

i have a motived seller who says his home is worth 130k but everywhere online says between 45k-63k. in the past two years hes renovated and put 70k into it. the average price for similar homes sold in the area is $69k. how do i find an accurate value for this property, so i can give him a solid offer?

Most Popular Reply

User Stats

10,194
Posts
4,931
Votes
Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
4,931
Votes |
10,194
Posts
Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

If you're talking about Zillow and EAppraisal, don't worry about them. You should never take those estimates as anything close to being fact. To determine a value, you've got to do the work yourself and find comparable properties that have recently sold and use those prices to determine a likely value. It's impossible to be perfect. There's a good deal of art to real estate valuation. 

Loading replies...