Huntsville MLS search;

Huntsville MLS search; Market value of south Huntsville rancher October 5, 2011

I’ve sold several houses in your neighborhood over the years.
October 5th, 2011 10:58 AM
I’ve sold several houses in your neighborhood over the years, we used to live there on XXXX and my son still lives in that house. I really like the neighborhood and my old neighbors.


As a starting point the link below is to the archived Valley MLS listing where you purchased the house in 1993 for $52,500 $49 per square foot. That listing shows 1,066 square feet.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7567899882948932

The tax records also show the house at 1,066 square feet and have assessed the house at $61,100.

http://www.emapsplus.com/ALMadison/report.asp?County=ALMadison&PID=170899387436362

The tax plat below shows you house as having a larger yard than other homes in the neighborhood and helps us find the house in Google maps satellite view and street view at the link below.




Google street view and satellite image;

http://maps.google.com/maps?q=huejejrneisnnejs &hl=en&ll=34.702033,-86.615263&spn=0.000495,0.001045&hnear,+Huntsville,+Alabama+35805&t=h&z=20&vpsrc=6


http://maps.google.com/maps?q==en&ll=34.702226,-86.61518&spn=0.000002,0.001553&hnear=h&z=20&vpsrc=6&layer=c&cbll=34.702225,-86.61518&panoid=4nVuKjHSITWY
-HWEcbNM0w&cbp=12,189.75,,0,2.45


It’s difficult to estimate market value on a property without having first seen it, so much depends on how well a property shows to prospective buyers. We can however determine a market range by researching recent sales of similar properties in the area.

The link below is to a summary ofHuntsville MLS Search activity in the neighborhood since 11/01/10. There’s a lot of data here so please bear with me.

Of the 16 sales the average sold price was $49 per square foot. The average was hurt by a couple of foreclosures and homes sold as is. The sales range was $22 to $67 per square foot.

The average days on market was very long at 232 days. The average was thrown off by one listing that was on the market for 2,100 days and one that was on the market for 565 days.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID899009983493843772

The link below is to the full listings of in the summary above so we can better compare the homes to yours.

The highest per square foot sale atXXXXX had ” All new flooring including custom tile in all wet areas, paint, new energy efficient windows, new insulation in all exterior walls, Stainless steel appliances and a fenced yard “ While the house doesn’t really catch your eye from the outside, click on the photo to see that the house looked very nice on the inside. It was on market 110 days before it went under contract.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=71jjsuaewsie998980021928

Just based on the sales data we could expect your house to sell somewhere between the average sold price of $49 per square foot and the highest sold price of $67 per square foot. At 1,066 square feet. in the house that would give us a huge range of $52,234 and $71,500. Where in that range depends on how well the house shows to buyers. Often several hundred dollars spent getting the house ready for market will raise the sales price thousands and make the house sell faster.

Going back to the summary there are eight active listings that are priced between $35 and $70 per square foot with an average of $56 per square foot. In order of appearance the active listings have been on market since 03/08/11, 06/14/11, 08/26/11, 06/23/11, 04/12/11, 08/07/10, 06/08/11, 05/30/11, 08/31/11, 09/12/11 and 09/28/11.

There are 2 contingent and one pending sales that haven’t closed yet five withdrawn and seven expired listings that didn’t sell.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=ewiwru48393438420202

Without seeing the house my best estimate would be that the house would sell in the $60 to $67 per square foot range or $64,000 to $71,500.

To see what competition we would have at that price range he link below is to all active listings in Madison County in the $65,000 to $75,000 range.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=43284932942823724

Please let me know if you would like me to visit the house and try and narrow the estimated sales range for you.

To help you keep current with MLS activity in your area, we have set up automated notification of new listings or changes to existing listings that may be comparable to your property. If you prefer not to receive the emails, just unsubscribe at the link at the bottom of each email.

I hope this information is helpful and don’t hesitate to contact us if we can assist in any way. If you are ready to put your property on the market please let us know and we can schedule a time to meet.Filed under: huntsville alabama mls,huntsville mls,huntsville mls search,mls huntsville,valley mls Tags: Huntsville MLS Search, Valley MLS