How do I determine the value of a property before making an offer?
How do I determine the value of a property before making an offer?
To determine the value of a property, analyze comparable sales (comps) of similar properties in the same area that sold recently. Consider factors like square footage, age, and condition. Use online valuation tools and consult with real estate agents or appraisers for expert insights. Reviewing property records, market trends, and any unique features or defects can help you make a competitive yet reasonable offer.