WHAT??!! I thought my home's value, was just that, my home's value?!

What is my home's value?  Well, it depends on who you ask, and WHY you are asking! I know right, I thought my home's value was just it's value. WHAT do you mean it depends on why I ask and who I ask. OKAY, okay let me explain.

MARKET VALUE  Market value is the  price most likely to sell the home, the price an informed, willing and able buyer is likely to pay for the home and seller accept for the home.  This is the price the home will get  in a competitive market, assuming no undue influence on either party.

ASSESSED VALUE  The assessed  value is the amount used by a tax assessor on which they calculate taxes. This is  a value just used to determine the taxes by your local municipality. IF you feel your house is appraised to high or unfairly compared to others in your neighborhood, you can contact the local tax assessor or an attorney to help you have it reassessed and possibly lower your taxes.

APPRAISED VALUE This is a really important number! The appraised value is an opinion of the homes fair market value..... based upon an appraisal done by a qualified, knowledgeable appraiser.  What an appraiser bases that on is recently SOLD properties of similar style, square footage, and location. This number is important to  the buyer, as a buyer will not want to pay more for the home than it is valued at, and a mortgage company will not lend more on the home than what it appraises for. Appraised values will also vary depending on why it is being done, for instance an appraisal for a home equity loan or even an estate, may be a bit different than when selling/buying the home.

Replacement value This is an amount it would cost to replace the home, or asset, at this time according to its current worth - MINUS depreciation. Then there is a list price. This is a numerical amount, give to the home by the homeowner/seller .... at which the home is listed, and if in line with current market conditions, also the amount at which it will sell. Wondering about the value of your home? Give us a call or shoot us an email, we will be happy to discuss this with you, no obligation. Whether you are thinking of moving this year, or next.....or just curious - we can help THE LISA PECORA TEAM @ Keller Williams Real Estate,  Media PA  610-565-1995  484-614-1918    

301 Greenwood Road, Sharon Hill, Starter home 19079

The Lisa Pecora Team

 @ Keller Williams Real Estate, Media, Pa 61-565-1995 or 484-614-1918

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Move right into this well maintained twin home for sale in SHARON HILL, PA. This corner Property is convenient to public transportation, schools and shopping. Enjoy a full eat-in kitchen as well as a formal dining room and the added convenience of a first floor powder room. The second floor has 3 nice size bedrooms. The yard is fenced and you have your own private driveway. Schedule your private tour today. CALL FOR AN APPOINTMENT 484-614-1918

• Property Information:

  • Style: Colonial
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 1
  • Half Baths: 1
  • Year Built: 1950
  • Sq. Feet: 1064
  • Lot Size: 0.11
  • Basement: Full, Unfinished
  • Garage: NoGarage
  • Taxes: 3147.0
  • Air: None
  • Heat: Gas,Forced Air
  • Pool: N

  • Construction: Brick
  • Stories: 2-Story
  • Exterior: Sidewalks, StreetLights
  • Waterfront: N
  • Utilities: Public; Public Sewer;
  • Lot Dimensions: 50X100
  • Lot Description: Corner Lot, RearYard, SideYard(s)

SEARCH OTHER NEARBY HOMES FOR SALE RIGHT HERE

	606 COATES ST SHARON HILL, PA 19079 $103,000 3 beds/2 baths Listing courtesy of RE/MAX Hometown Realtors	SHORT SALE 139 HIGH ST SHARON HILL, PA 19079 $49,900 3 beds/2 baths Listing courtesy of VIP Realty Corporation-Philadelphia	421 CLIFTON AVE SHARON HILL, PA 19079 $38,000 4 beds/2 baths Listing courtesy of Suburban Home Realty	213 WATSON RD SHARON HILL, PA 19079 $149,000 4 beds/2 baths Listing courtesy of Perfect Place Real Estate
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All information provided is deemed reliable but is not guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

418 Drexel Place, Swarthmore 19081, Split level home

The Lisa Pecora Team

 @ Keller Williams Real Estate, Media, Pa 61-565-1995 or 484-614-1918

This large home in the Borough of Swarthmore awaits its new family. It backs up to open space ,which has a trail that leads to Rutgers field and CADES park. It is in walking distance to downtown Swarthmore borough, shops and the SEPTA train station which can take you to center city Philadelphia in 20 minutes. It's an easy bike ride to the swim club . The owners have meticulously maintained this home. They added a 50 year Architectural roof. They converted the garage into additional living space on the main level. This bonus room could be used as an office,with its own entrance or additional family room space. The hardwood floors were refinished in September 2014. Home has fresh paint. You can Relax in front of the wood burning fireplace in the sunken Living Room. Enjoy large family dinners in the classic formal dining room or just relax in the breakfast room for quick meals. The large family room is great for entertaining. The rear yard patio has beautiful views of the open space, woods that abut the rear yard of this property. Schedule your private tour today.

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Property Information:

• Style: Traditional
• Bedrooms: 4
• Total Baths: 3
• Full Baths: 2
• Half Baths: 1
• Year Built: 1959
• Sq. Feet: 2366
• Lot Size: 0.2
• Basement: Crawl Space
• Garage: NoGarage
• Taxes: 10405.0
• Air: Central A/C
• Heat: Gas,Baseboard
• Pool: N

• Construction: Vinyl Siding
• Stories: Split/MultiLevel
• Exterior: Sidewalks, StreetLights
• Waterfront: N
• Interior: CeilngFan(s), CableTVWired
• Appliances: KitBuiltInRa, Dishwasher, Built In Microwave
• Utilities: Public; Public Sewer;
• Lot Dimensions: 80X111
• Lot Description: Trees/Wooded, FrontYard, RearYard

All information provided is deemed reliable but is not guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

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Some of the Sellers favorite things about their home AND living in Swarthmore

Some of the things we love about the house

• ·         Wooded Back Yard
• ·         Spacious, solidly built, home
• ·         High ceilings in living room
• ·         Additions to the kitchen and third floor
• ·         Two family rooms
• ·         Refinished hardwood floors and freshly painted walls and ceilings throughout.
• ·         Large eat in kitchen with Stainless appliances, a convenient family gathering place.
• ·         Economical natural gas heat and hot water.
• ·         Central Air conditioning
• ·         Newer 50  year roof
• Newly installed double hung windows.
• ·         Tool closet and an outdoor shed.
• ·         Large attic

What we like about Swarthmore:

• ·         Safe sidewalks give pedestrians easy access to the train and Swarthmore shopping
• ·         Close (but not to close) to entrance to I95, Center city Philadelphia is less than half hour drive
• ·         Located in the borough of Swarthmore, in Wallingford-Swarthmore schools
• ·         Strath Haven H.S. has the most spectacular high school marching band anywhere! Of football Fridays the band fans equal or outnumber the football fans
• ·         The WSSD Music, art and graphic design programs are amazing and the Robotics club in nationally recognized.
• ·         Our community is one of a kind as is the local paper. The Swarthmorean reflects the acceptance and encouragement of eccentricity.
• ·         Community has excellent relationship with Swarthmore college and there is no lack of cultural events.
• ·         Kid friendly, dog friendly, senior friendly town
• ·         4^th of July annual old time parade with banks and contests.
• ·         Every spring Swarthmore Rotary sponsors a large charity fun fair
• ·         Finally there is a weekly farmers market, food co op, beautiful swim club, and a wonderful library. First Fridays in the ville features music, food and activities for all ages.

Property Ownership

The percent of unoccupied properties is very low in Swarthmore (19081) . It is-10.93% below the national average.

The Lisa Pecora Team @ Keller Williams Real Estate, Media Pa 19063    610-565-1995 ** 484-614-1918



 A couple of weeks ago I wrote and published a Post about proper pricing of your home. I wanted to simply post a follow up to that recent post.There are 3 main factors in the sale of your home...... Pricing, Location and Condition! Last time I checked, there was nothing we could do about the location! Unfortunately you cannot pick up your home and move it to a new location. If we could do that, I might be out of a job! Condition can be worked on, to an extent of course depending on budget and again - location. It would not be wise to put a lot of money in to your home, that you may not ever get a return on. Then there is the price. THIS we do have some control over. So, DANGER? why would there be any danger lurking in the pricing of a home? Simple.  Let me Explain!     Overpricing Risks Attracting the wrong buyers! Buyers looking at your home, that may be overpriced are expecting more amenities in the home, based on the higher price. Once they see it, it will not compare to other homes with more upgrades or amenities in that higher price range.

Reduced Agent Activity! REALTORS and real estate agents do not get paid for showing homes. They know is is over priced and will not take the time to show it ad it may be a waste of their time because the seller is unrealistic in their pricing. The agent showing the home is a "buyers agent" and has a responsibility to the buyer and finding the best home and value for their client.

Loss of interested buyers! Not all buyers are willing to go through the efforts to write up an offer, especially if they feel the seller will not consider their offer and what the buyer feels it is worth.  So while a buyer may have looked at your home and loved it, if they feel it was over priced they may not submit an offer and risk having it turned down.

Eliminates offers! Basically for the same reasons, it is priced like a higher end home and the wrong buyers are looking at the home.

You help sell the Competition! Yes it is true. If your home is on the market along with others in your neighborhood and yours is priced the highest or over priced, they BOUNCE right off of yours and in to and on to the next. Especially if the home is comparable. Would you pay more for something when you can go down the street and pay less for it?

Appraisal Issues! Been there, done that. Appraisal issues are rarely overcome. Let's say you find a buyer willing to pay your price! Great!! Are they paying cash? Probably not. If you have a buyer securing a mortgage to purchase your home, the buyers mortgage company will order an appraisal, and of course the home must appraise for what it sells for. An appraiser is going to look at recently SOLD comparable homes in the same neighborhood. They will not lend more than the home is worth! That appraiser will look at factual, objective data to come to a determination on the home's appraised value.

Market time is pro longed. No one wants that. Not you the seller, or us as your agent. If your home does not sell, we do not get paid, and YOU cannot move on to your next home. This can leave everyone feeling frustrated.

     I have heard sellers say before, All you agents are alike, you just want to get a price reduction, if you did your job my home would be sold. As you can see, this may not be the case. Agents suggest a price point to begin marketing your home for sale, and they recommend that price for a reason. It is based on facts, and information gathered to put you in the best position to get your home sold in the shortest amount of time, with the least amount of stress and for the most money the market will allow! Don't forget we only get paid if your home sells, and the more it sells for, the more we get paid! We would love it to sell for more too, keep in mind, we WANT it to sell.  The better priced your home is, the more buyers you will have through and the better your chances are for a quick sale.

Are you ready to discuss the value of your home? Let's Talk. We would love to help you sell your home in Delaware county, or South Philly!

  Did you also know there are different types of values assigned to a home? WHAT you ask? Yes ...... more about that next week! See you then