looking for comparable prices in the year 1984 for homes in my area
2007-09-09 05:09:23 · 4 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Sorry that can't be done here. No one can give you appraisal with out looking at the subject and having a lot more infromation. Call and ask a Realtor they can give you a opinion.
2007-09-09 05:46:45 · answer #1 · answered by Leo F 4 · 0⤊ 0⤋
That's going to be next to impossible to get. Why do you need it? Are you looking for its value at the time you inherited it, or something like that?
You might be able to find records of sales from then at the county assessor's office, but that's a real long shot - and proving that a house was "comparable" would be the other part of it, which again would be pretty tricky. There might or might not be records at the assessor's office of what its tax valuation was then - but if you've lived in the area for long, you know that the Allegheny County assessments were pretty far out of whack. And it's not real likely that they'd have accessible records that far back, anyway.
The only other suggestion I'd have is to check with Carnegie Library and see if they have old newspapers on microfilm. That might give you a ballpark idea, if you comb through real estate ads from 1984 looking for houses in that area.
In any case, getting even a very rough estimate is going to take a lot of digging. Getting an actual appraisal for 23 years ago, unless one was done at that time and you can turn up a copy of it, is not possible.
If you are selling the house and are trying to figure capital gains, if you've owned it an lived in it for at least two of the five years immediately before the sale, you can exclude $250,000 of gain ($500,000 if married filing jointly) - I don't think there are any homes in that area that would go for anything even approaching that, so you wouldn't have to worry about it anyway. If it's been rental property, what value have you been using for depreciation?
Good luck.
2007-09-09 13:02:26 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
You should be talking with a Realtor that knows your area. These people on here are from all over the world, and most don't know a thing (although some think they do) about real estate. .
2007-09-09 12:56:33 · answer #3 · answered by Alterfemego 7 · 0⤊ 0⤋
check this link its good
http://datentryworksworkathomeobs.blogspot.com/
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2007-09-10 06:20:05 · answer #4 · answered by Anonymous · 0⤊ 0⤋