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Feature Home - 514 E. Church St.

$83,000

Address: 514 E. Church St.	City/ST: Adrian, MI	Zip Code: 49221
Location: Adrian	Property Type: Multi Family Home	New or Resale: Resale
Square Footage: 2130	Bedrooms: 5	Bathrooms: 2
MLS# 3427205

Live in one unit rent the other to help pay for mortage! You can practically live for free. Check out the options on the first time buyer incentive for a unit like this and make it happen! 1-3 bedroom and 1-2 bedroom unit with appliances.

Last Updated: 2/16/2010 11:25:34 AM

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Deerfield Real Estate

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Pricing >The Value of Your House

One of the sayings from the "gold-rush" days--"Them that's got the gold, sets the price!"--is also a principle that applies to real estate. We say that a house is only worth what someone will pay for it, even though the owner, the bank, and the agent all have their own opinions about the "market value" of a home. In other words, no sale ever takes place until the buyer agrees with the price.

How can sellers arrive at the maximum "fair" price that buyers are willing to pay? Buyers (and appraisers) make their decision based on comparisons. While shopping for a home, buyers will visit many similar homes in their price range and measure the features of each one against the price. They decide which house offers them the maximum value for the price. Buyers do not expect a home to be a "steal" or dramatically under-priced, but they do expect it to be a fair value.

Sellers must determine the value that their home offers in order to arrive at the right price. The real estate agent will advise the sellers what buyers should be willing to pay for their home, but the asking price is set by the seller.

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Q	Upon completion this year, what will be the tallest residential building south of New York and east of Chicago?
A	Located in Biscayne Bay, Florida, the $120 million, 51-floor luxury condominium will be called The Santa Maria.
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Jeanee Gilson, REALTOR�, real estate agent and broker for Bedford, Blissfield and Irish Hills, Michigan home listings, property and land for sale

Jeanee Gilson
Key Real Estate
146 Drew Avenue
Deerfield, MI 49238
517-447-3094
Fax: 517-447-3548
jeaneegilson@NUMBER1EXPERT.com
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