Weighing Comp’s and “Kind-of-Comp’s” The cornerstone of establishing market value for a given property is the CMA, or “Comparative Market Analysis.” As prepared by both Realtors and Appraisers, it consists of selecting a peer group of three homes (“Comparable Sold Properties”), then going through a compare-and-contrast process sizing up each of the Comp’s relative to the “subject”...Read More
From Rambler to . . . Rockin’ No, they didn’t throw an over-the-top party the other night on Dean Blvd. The owner literally raised the roof. Instead of the dowdy 1955 rambler (pictured above) that sat there for more than half a century, there is now a sleek Contemporary — atop the original home’s huge...Read More
Actions Speak Louder Than WordsWhat does a Realtor with some spare time in a new city do on a Sunday afternoon? Check out some open houses! In fact, I just had time to go through a few, but here are a couple stray observations: –The Southwestern equivalent to the Midwestern “ranch” or “rambler” is a...Read More
Built for Baby Boomers — By Their Parents! Like narrow ties and bell bottoms, wait long enough and the most dated fashions come back in style. The same is true in real estate. As Baby Boomers age, the unheralded, ’50’s-era rambler is making a comeback. I can think of (at least) four reasons why. One....Read More
