Having the prices of recently sold homes at your disposal can help you get the best deal possible when bidding on a particular house. The price of homes fluctuates with the market. If a buyer has recent sales data on similar homes in the same or similar neighbourhoods, the buyer will be more informed and understand whether they are bargaining at an advantage. There are several ways that an individual can obtain recent prices of sold homes, none of which require excessive time or money.
- Skill level:
Perform an Internet search. There are several websites such as Homes.com, Eppraisal and Zillow that allow users to search for values and prices of recently sold homes, either by address or by general area. Some of these sites offer more in-depth information for a varying charge (depending on the site), but the basic value can be obtained without signing up.
Contact your local real estate agent. Give the Realtor the area and type of home you are looking for and they will be able to provide values of recently sold homes in similar areas.
Search the classified ads of your local paper. Many times, usually on weekends, newspapers will provide a real estate section that not only lists homes for sale, but also lists recent sales as well. If you need more information or specifics on a particular property, the real estate agency will be listed in the ad.
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