Ask KATHE and third floors add some value but generally not at the same square footage price as the main two levels) and configuration of rooms (do you have an eat-in kitchen, a family room open to the kitchen, a dedicated master bath). Finally amenities are considered. How many garages do you have and are Have a Happy JULY they detached, integral or attached (the YOUR LOCAL most 'valuable)? How long ago was your kitchen and bath updated? Under 10 years? Do you have stainless and granite? Have you removed all of your wallpaper? All of your old brass? All of your colored carpets? Homes sell every day with dated amenities, but their existence definitely affects price. When looking at other homes that have sold, it is important to have a realistic underst REALTOR Dear Kathe It seems prices are all oer the board these days. How do we figure out what our home is uorth? Thene are many factors that go into determining a home's value. your home really compares to those homes nding of how The first, most important thing to keep in mind, however, is that it's not what you think. To rephrase, what you think the value should be or what you think you need to get for the home to either fresh coat of paint and new carpeting), there is a high likelihood recoup your investment, reimburse you for time spent renovating, that you will be able to recoup some of your investment. It is or getyou what you need to move to yournext home is not a factor impórtant to prepare a detailed list of those improvements to in determining value. Ahome will sell for what a buyer thinks the substantiate value to potential buyers home is worth-not what a seller thinks its worth. So how do you determine that number? Value is determined first and foremost by comparable sales for substantially less than the sellers were originally asking, and What other homes have recently sold for is the most relevant while our averáge community realizationis 89% of asking price, gauge of what the market will bear for your home. If you haven't there ane homes that have sóld at nearly half of their onginal been in the homes, however, you will need to rely on a profes asking price. Competing listings are onlý relevant to determine sional to make the comparison for you. Factors to be considered how much competition you will have- not how much your include size of lot, usabity of lot (lat is better) and location of the home will sell for. property both in town and as it relates to other homes (currently, doser to the center of the Village will bring more money, across the homes are selling and how yours compares, that will determine street from a home in disrepair, less). Also considered are above- where your home will sel, and all of the marketing in the world grade square footage on the main two floors (finished lower levels will not change that reality! The investment you have made in the home also has some rel- evance. If you have made significant improvements beyond a KATHE BARGE Your Smart Choice for Real EstateM Top Producer Other homes currently available for sale, however, are not a particularly relevant factor to look at. Many of our homes sell Cdlebrediny In the end, its what a buyer thinks, based on where other KATHE BARGE If you are considering buying or selling a home in the Sewickley area, contact Kathe at 412-779-6060 or by email at kbarge@howardhanna.com CRS, ABR, CNE, SRES Distinctive HOMES OF DISTINCTION HOMES OF DISTINCTION Homes Specialist Associate Broker & PA Licensed Attorney 412-741-2200 x238 Office 412-779-6060Cell kbarge@howardhanna.com f 63 THORN STREET Expertly remodeled,63 Thon paints a modem landscape on a charming tra ditional palate to create an exceptional home for the millennium home buyer Sited on a large lot with fully fenced back yard. The expertly designed and crafted kitchen (which is open to the family room) is flooded with light from an entire wall of windows that bring the private backyard into this warm and in- viting space. The dining room has also been opened to the back yard through an impressive wall of windows and doors and spills effortless out onto the new back deck. The second level is home to a new master suite with large closet and spa-like private bath. Four additicnal bedrooms, two full baths and a convenient second floor laundry room complete the upper levels. $1,450,000 22 WOODLAND Located on one of Sewickley's most sought-after streets, this classic brick colonial has been nicely updated and maintained. Hardwood floors unify the upper two levels of the home. The lower level offers additional finished living space. Large eat- in kitchen opens to spacious family room and incredible sun room with floor-to-ceiling windows. Exceptional living room with fireplace. Convenient main level laundry. Fabulous new slate roof! Gorgeous yard backs to woods. Garage is attached by breezeway. $1,000,000 oward Tanna Real Estate Mortgage Title Insurance www.kathebarge.com E0019 49-0upo Ask KATHE and third floors add some value but generally not at the same square footage price as the main two levels) and configuration of rooms (do you have an eat-in kitchen, a family room open to the kitchen, a dedicated master bath). Finally amenities are considered. How many garages do you have and are Have a Happy JULY they detached, integral or attached (the YOUR LOCAL most 'valuable)? How long ago was your kitchen and bath updated? Under 10 years? Do you have stainless and granite? Have you removed all of your wallpaper? All of your old brass? All of your colored carpets? Homes sell every day with dated amenities, but their existence definitely affects price. When looking at other homes that have sold, it is important to have a realistic underst REALTOR Dear Kathe It seems prices are all oer the board these days. How do we figure out what our home is uorth? Thene are many factors that go into determining a home's value. your home really compares to those homes nding of how The first, most important thing to keep in mind, however, is that it's not what you think. To rephrase, what you think the value should be or what you think you need to get for the home to either fresh coat of paint and new carpeting), there is a high likelihood recoup your investment, reimburse you for time spent renovating, that you will be able to recoup some of your investment. It is or getyou what you need to move to yournext home is not a factor impórtant to prepare a detailed list of those improvements to in determining value. Ahome will sell for what a buyer thinks the substantiate value to potential buyers home is worth-not what a seller thinks its worth. So how do you determine that number? Value is determined first and foremost by comparable sales for substantially less than the sellers were originally asking, and What other homes have recently sold for is the most relevant while our averáge community realizationis 89% of asking price, gauge of what the market will bear for your home. If you haven't there ane homes that have sóld at nearly half of their onginal been in the homes, however, you will need to rely on a profes asking price. Competing listings are onlý relevant to determine sional to make the comparison for you. Factors to be considered how much competition you will have- not how much your include size of lot, usabity of lot (lat is better) and location of the home will sell for. property both in town and as it relates to other homes (currently, doser to the center of the Village will bring more money, across the homes are selling and how yours compares, that will determine street from a home in disrepair, less). Also considered are above- where your home will sel, and all of the marketing in the world grade square footage on the main two floors (finished lower levels will not change that reality! The investment you have made in the home also has some rel- evance. If you have made significant improvements beyond a KATHE BARGE Your Smart Choice for Real EstateM Top Producer Other homes currently available for sale, however, are not a particularly relevant factor to look at. Many of our homes sell Cdlebrediny In the end, its what a buyer thinks, based on where other KATHE BARGE If you are considering buying or selling a home in the Sewickley area, contact Kathe at 412-779-6060 or by email at kbarge@howardhanna.com CRS, ABR, CNE, SRES Distinctive HOMES OF DISTINCTION HOMES OF DISTINCTION Homes Specialist Associate Broker & PA Licensed Attorney 412-741-2200 x238 Office 412-779-6060Cell kbarge@howardhanna.com f 63 THORN STREET Expertly remodeled,63 Thon paints a modem landscape on a charming tra ditional palate to create an exceptional home for the millennium home buyer Sited on a large lot with fully fenced back yard. The expertly designed and crafted kitchen (which is open to the family room) is flooded with light from an entire wall of windows that bring the private backyard into this warm and in- viting space. The dining room has also been opened to the back yard through an impressive wall of windows and doors and spills effortless out onto the new back deck. The second level is home to a new master suite with large closet and spa-like private bath. Four additicnal bedrooms, two full baths and a convenient second floor laundry room complete the upper levels. $1,450,000 22 WOODLAND Located on one of Sewickley's most sought-after streets, this classic brick colonial has been nicely updated and maintained. Hardwood floors unify the upper two levels of the home. The lower level offers additional finished living space. Large eat- in kitchen opens to spacious family room and incredible sun room with floor-to-ceiling windows. Exceptional living room with fireplace. Convenient main level laundry. Fabulous new slate roof! Gorgeous yard backs to woods. Garage is attached by breezeway. $1,000,000 oward Tanna Real Estate Mortgage Title Insurance www.kathebarge.com E0019 49-0upo