Can you establish you home's value based on how much you paid for it?
No.
If you paid only $70,000 for your home in 1976, your home certainly is worth much more today.
Conversely, if you paid $200,000 for your home two years ago and:
- The local market has deteriorated
- The largest employer in the area has closed the plant
- Mortgage interest rates have doubled
- And a toxic waste dump has opened next door...
Terez B. Harris
Keller Williams Realty New Orleans
504 975 1033
TerezHarris@KW.com
TerezSellsNolaHomes.com
8601 Leake Ave., New Orleans, La 70118
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Terez B. Harris Terez Harris NOLA Real Estate Group 504-297-2619 www.TerezHarris.com
Keller Williams Realty New Orleans 8601 Leake Ave. New Orleans, LA 70118 504-862-0100
Each office independently owned and operated. All brokers and agents licensed in the state of Louisiana.Keller Williams Realty New Orleans 8601 Leake Ave. New Orleans, LA 70118 504-862-0100
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