Quote:
Originally Posted by Alpine
Just to give this thread some numbers:
House on East 27th Ave and Rupert:
Assessed: 750k
Asking: 830k
Sold: 910k
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useless post.
this could mean a number of things.
- a lot of times the assessments are under assessed because they dont account for renovations that dont have permits taken out. assessments are just a general figure, do the assessment people look inside your house? no. there might even be an error on the assessment part, who knows.
- two, the home is probably renovated, plus, perhaps it was listed under market value to get a bidding war?
- what about zoning changes that may have affected the property?
just to give us numbers without providing any details is just stupid.