Thursday, September 21, 2006

What Did My Neighbor's House Sell For ?

There are many people who are constantly asking what their neighbor’s houses sold for. Some people may think they are just being nosey, but the truth is that there is a lot to learn by what your neighbors get out of their homes. In fact, you simply cannot go without knowing these figures, if you are interested in your own property’s value.
Every year, the homes in your area sell and are bought. However, you may not know how much each house is sold for. If you read the paper daily, you probably know that most real estate transactions are listed in many papers. This will be the easiest way to find out what your neighbor’s house sells for. You can often find them by address and even see the person’s name that bought it. This is all public information and is almost always published weekly.
The reason it is so important to know that your neighbor got so much for their home is because you might want to sell you home in the future. When your neighbor gets more for their home, you should get more as well. This is if your home is comparable in size and kept the same. If your home is larger and you maintain it better, you might even get more and should take that into consideration.
So, don’t worry about being nosey. Find our what your neighbor’s house sold for so you know about how much your home is worth as well…just in case you want to sell!

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