The internet has become a useful tool for consumers who want to research almost anything including real estate, but one must remember that the information is only as good as the data that is entered!
When it comes to real estate be forewarned that there are rules and guidelines that come into play when talking about pricing, timing and market conditions. For example, sites such as Zillow and Trulia have data that may exclude square footage, an extremely important factor in real estate pricing and appraisal.
Without knowing the square footage of a home, it is virtually impossible to provide value unless you can find “like properties” within a mile or two radius. Like properties would be similar size (sq ft), similar location, and perhaps similar year built. This is especially important when dealing with eclectic locations such as villages or waterfront properties where there are often many homes that vary in size and characteristics.
Find out what's happening in Northportwith free, real-time updates from Patch.
Without the size of the home, the internet will have little chance of pricing your home correctly. Consulting an experienced realtor and reviewing your findings may help to determine the correct pricing. Experienced Realtors have knowledge of many competing and sold homes (including size, location, amenities, etc.) that will help to clarify proper pricing strategies.
For more detailed information contact: Catherine Lindstadt Realtor, Northport 631-266-6113 clindstadt@elliman.com
