Question
Introduction: My wife and I own a home at 7070 Pierson Street, Arvada, CO 80004. We reside in Jefferson County. 1) When did we purchase
Introduction: My wife and I own a home at 7070 Pierson Street, Arvada, CO 80004. We reside in Jefferson County. 1) When did we purchase our home? 2) From whom did we purchase our home? 3) What was the purchase price we paid? 4) What type of deed did we receive? 5) Provide three comparable sales in the neighborhood. Include these in your submitted homework. What adjustments would you recommend in determining market value of my house? Never mind the dollar amount of the adjustment, just list any adjustments you would suggest to make these properties "comparable". 6) What is your estimate of the market value of my home? Your grade will depend on accuracy, supporting your findings, and photographs, maps, etc. are helpful. HINT #1: Where might you find official, recorded documents? Hint #2: Web-based real estate platforms (such as Zillow), although not always reliable, are a good source of information to answer Q5 and 6. Assessed Value is not the same as Market Value!
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