Forum: Appraisals
October 27, 2009
Tapestry Expert/Appraisal
This tapestry is in our dining room (there is also a smaller panel to the left of it, but I don't know how to post more than one photo!). It seems in poor shape, but we'd like to have someone out to look at it, see if it can be repaired/saved and to see if it has any value, historic or otherwise. The house was built in 1905 and we suspect it's original. Anyone know who could give us an assessment? Many thanks!
October 1, 2009
Help Price PLG Studio
Hi, I am a first-time homebuyer hoping to get a sense of what I should offer on an apartment. It is a 400 sq ft studio located in Lefferts Gardens, on Winthrop between Flatbush Avenue and Bedford Avenue. The area isn't everyone's cup of tea but here are the amenities: on-site laundry, short walk to Prospect Park and Q/B and 2/5 trains, walking to two nice coffee shops and a couple of nice restaurants. Cons are low buyer/tenant ratio in the building, not spectacular financials overall, and the area is up-and-coming but still rough. Buyer is asking $110K. Maintenance is $331. Here's my dilemma. The early 2008 comps for the apartments in the same line went for $130K, $140K and $125K. However, a similarly sized apartment on a lower floor just sold in July for $80K. What's the right number in your opinion? Thanks so much.
