 About the Malvern, West Chester, Exton, Devon, Berwyn and Paoli Real Estate Market
The residential real estate market in Eastern Chester County consists of some bucolic rural areas, older homes in established neighborhoods with a mix of new communities. Prices can be impacted by the proximity to the train station, which allows one to work in Philadelphia or connect to New York or Washington, DC.
Considering our proximity to Philadelphia, the fifth largest metropolitan area in the country, residential homes in this area are more affordable than some of the suburbs surrounding New York or Washington, DC. Chester County's location affords one the opportunity to enjoy all the advantages of suburban living while still being able to enjoy the big city amenities. With its rolling hills and rural ambiance combined with a strong employment base and transportation network, Eastern Chester County is a fabulous living environment.
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About Appraisals >Working With A Real Estate Agent
It is not unusual for homeowners to yield to the temptation to try to sell their own home. It seems easy enough--just place an ad in the weekend paper and wait for buyers to show up. Although it may seem simple, real estate sales transactions are extremely complex proceedings.
The first pitfall can come with pricing your property realistically. Homeowners often price their property too high initially, then drastically slash the price when weeks go buy without an offer. Even if a prospective buyer agrees to the initial asking price, there could be complications if the buyers begin to feel that they have agreed to pay too much, or if the lender's appraisal values the property at far less than the agreed-upon price. Some clients hire agents to market their home professionally after weeks or months of trying to sell their own home without success, or after their FSBO transaction fell through.
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Which home is #1 on the Top 10 list for most-visited Historic Home in the United States?
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Graceland, the palatial home of Elvis Presley in Memphis, TN, attracts 600,000 visitors a year. |
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