how would you but a price on this house

[Coco]

3 acres all 6 wire fenced and organic for the last 3 yrs+ old farm house.apple trees ,asparagas plants rubarb, tone of perennials house is 1800 sq feet, + basement root celler master bed with hot tub and bath walk in closet. Out side wood burner, ( saves on insurance and is efficent as can be) but no wood lot must by logs I pay &700 per yr for a loggers 10 cord delivered . a 40 x60 pole shed that is heated by said wood burner, can make anykind of cottage industry, will not be taxed for it though the township. ! Allice Chambers tracker, ANd One Molline trackter one 1 yr old Pullman 48 inch with bagger lawnmower great nighbors and if your just the right kind the township can use a seceatary and a chairman, those jobs alone will be a net of 10,000 per yr for both, but you will have to work for it and keep what the township has standed for for yrs., and to compost everything from the nurshing home just 1/4 mile up sthe road from the farmer giving a plot to grow what hey can , The shed is on it's own electric and phone line with an office. Nice small school district with front door bus pick up, home school is a big plus in the area, the major employers are health care, and any trade as in paper making, welders, pipefitters anything to do with a DNR position. Plenty of kids to care for, and law enforcement is always looking. Make an offer or just give an opinon to what I can ask for it. I can send pics if you can help me make the asking price. It's not much( new roof and windows and insulation) but I need options on how to sell it, as we are moving to the ST point area to take care of my husbands parents that are in there 90's and are big contribiturs to the DNR programes in WI, and they don't want to move out to THE FARM. go figure SO plz give if you are a good jugement on such, I can send pics, I have a conventional septic that will most likly need to be repalced, so I 'm honest out the money that will need to be spent, but good news I do perk just fine, but still will cost some money. thanks

[RichieC]

Originally Posted by Coco

3 acres all 6 wire fenced and organic for the last 3 yrs+ old farm house.apple trees ,asparagas plants rubarb, tone of perennials house is 1800 sq feet, + basement root celler master bed with hot tub and bath walk in closet. Out side wood burner, ( saves on insurance and is efficent as can be) but no wood lot must by logs I pay &700 per yr for a loggers 10 cord delivered . a 40 x60 pole shed that is heated by said wood burner, can make anykind of cottage industry, will not be taxed for it though the township. ! Allice Chambers tracker, ANd One Molline trackter one 1 yr old Pullman 48 inch with bagger lawnmower great nighbors and if your just the right kind the township can use a seceatary and a chairman, those jobs alone will be a net of 10,000 per yr for both, but you will have to work for it and keep what the township has standed for for yrs., and to compost everything from the nurshing home just 1/4 mile up sthe road from the farmer giving a plot to grow what hey can , The shed is on it's own electric and phone line with an office. Nice small school district with front door bus pick up, home school is a big plus in the area, the major employers are health care, and any trade as in paper making, welders, pipefitters anything to do with a DNR position. Plenty of kids to care for, and law enforcement is always looking. Make an offer or just give an opinon to what I can ask for it. I can send pics if you can help me make the asking price. It's not much( new roof and windows and insulation) but I need options on how to sell it, as we are moving to the ST point area to take care of my husbands parents that are in there 90's and are big contribiturs to the DNR programes in WI, and they don't want to move out to THE FARM. go figure SO plz give if you are a good jugement on such, I can send pics, I have a conventional septic that will most likly need to be repalced, so I 'm honest out the money that will need to be spent, but good news I do perk just fine, but still will cost some money. thanks

It is literally impossible to know how to price a home without knowing, pretty much exactly, where it is.

[Coco]

sorry central Wisconsin , smack dab in the middle of Wisconsin Rapids and Marshfield WI and St Point Wi. All three are withing 15 miles of good health care centers , And I can give a good website for jobs if your a RN or LPN a MA or other, Dental persons are in a demand here and those that are in law enforcement. Cronstuction as long as your union , can make over$ 35 per hr and anyone with a DNR degree can get hired on the spot. It's good econ wise but so many are moving next to me with lots of lights, and the 5000 sq ft house, with bright blue sideing that hates chickens. that I need help in figuring out a fair price, that hopfully will keep it organic and make some good moneies from it. buy the way the pipe line took over 1/4 of my field, and they will have to pay for just bing on the land and the DNR are with them daily to make sure I can keep my organic standing on paper

[donsgal]

Well. I was going to say.... "Contact a real estate agent to get a Comparitive Market Analysis" but it sounds like there would, most likely, not be ANYTHING in your area that is even close to what this property has to offer.

Perhaps contact your closest United Country agent, since they are more experienced with a wider variety of rural properties. If they cannot give you a good idea how much your place is worth, maybe they can get someone else from their network to help.

Go to a realtor's office and pick up a copy of the local real estate publication and study it. You might get lucky and find something in the same ball park. Also, see if you can find a company online that specializes in organic certified properties. You might snag a buyer from out west who is wanting to "downsize".

donsgal

[chickenista]

I would agree that a realtor is your best bet.
But the bad news is that a lot of what you described does't enter into the price..garden, rhubarb..would just be listed as garden and landscaped yard with outbuildings.
The woodburner will be a deterrent in the market and will probably cost you some on list price.
The improvememts, hot tub and walk in will do well.
The farm equipment should be considered if the new owners are interested in them. If not, they will take more off the list price and should be sold separately to someone who would appreciate them.
Most buyers..this does not include most HTers.. want boring cookie cutters with central air/heat etc... blech.

[RichieC]

Originally Posted by chickenista

I would agree that a realtor is your best bet.
But the bad news is that a lot of what you described does't enter into the price..garden, rhubarb..would just be listed as garden and landscaped yard with outbuildings.
The woodburner will be a deterrent in the market and will probably cost you some on list price.
The improvememts, hot tub and walk in will do well.
The farm equipment should be considered if the new owners are interested in them. If not, they will take more off the list price and should be sold separately to someone who would appreciate them.
Most buyers..this does not include most HTers.. want boring cookie cutters with central air/heat etc... blech.

These are fair points, and worth remembering generally. Most of the features that might make something a great "homestead" have little to no (or even negative) market value. This is one of the things that bothers me when people talk about "investing" in their "homestead", instead of, say, education or retirement.

[Snuffy Smith]

Go to the tax appraisal office and request the tax sheet on this property. You can look at it, and see what it has been appraised at. That will give you a "ballpark" idea of what the property's worth. Depending on the market, it could be higher than the tax appraisal, or lower than the tax appraisal. Other variables also have an effect on value. SF, condition, location,...

[Jim S.]

The best way to get a price, hands down, is to call 3 reputable real estate agents from different agencies, and have each do a comparative market analysis and provide you a suggested sales price. Then I'd average the 3 and add 5% for negotiating wiggle room, as long as 5% does not exceed the highest price suggestion. If it does, subtract the highest figure from your averaged figure, and split that in 2, then tack that on to your average for wiggle room.

I've done this, and it is the only real way to know you will be assured that you price your home within the market. The agents know what all homes sold for recently in your area, even those that did not have signs on them, and they also will factor in the development potential of your 3 acres, if any. If there is development potential, and there ought to be from your description if the acreage is not land-locked, you may want to sell the house and a lot separate from the acres to maximize price. Ask about that, too.

[texican]

In my book, such a parcels value would be determinate on the surrounding properties. If it were surrounded by national forest, park, or large timber company the value would be high. If it had neighbors on each side, the value would be low. Of course that's for me.

The homesteading type investments you have have value for homesteaders... to an someone else, it might just be a big mess that would need to be cleared out, so a 'luxurious' yard could be sodded in.

[Bret]

Originally Posted by texican

In my book, such a parcels value would be determinate on the surrounding properties. If it were surrounded by national forest, park, or large timber company the value would be high. If it had neighbors on each side, the value would be low. Of course that's for me.

The homesteading type investments you have have value for homesteaders... to an someone else, it might just be a big mess that would need to be cleared out, so a 'luxurious' yard could be sodded in.

I agree .

The value has to be there and it's nice if the gem is polished.

[canadiangirl]

It's worth what someone is willing to pay.

[TomK]

Sounds like your wanting to sell this yourself without a realtor. Also sounds like your being crowded out by higher price homes coming in. So that could help,maybe...
But, they probably won't be interested in it being organic or not, just the 3 acres for a 5000 sg ft home and 3 car garage...

One way is to get your present Notice of Assessment,Taxable Valuation, and Property Classification paper and see what the assessed value is for the current year (2007) then double that, then get yourself some real estate booklets (you find them like in lobbys of motels,restraurants,etc.. and see if any thing there matches your house style and property and see also how far down or up they are from your doubled AV...

But imho, it would be best to get a realtor. Thats what they're there for, just like lawyers

[FreeRanger]

Here's what I come up with
40x60 old barn $5,000 might be a liability then negitive (pole building $20,000)
3 acres homesite in central Wisconsin $25,000
1,800 sqft home (no age given or style so making a big guess here) $90,000
Farm tractor/implements $5,000

So I say $125,000

[pixelphotograph]

all of these will cause your price to vary

age of house
materials used to build home (brick, concrete block, steel, wood, etcetc)
construction varies alot in the quality so would have to see pictures of inside outside and interior like attic basement etcetc
location location location if its right next to the nuclear plant or a trailer park expect to get less for it than if its in a nice well manicured lawn gated subdivision with security.

I think you need a Realtor to come out and do a comparative analysis for your area. Unfortunately you wont get much extra for all the plants you have planted. Yes its nice but its only important to a very small amount of the population like here on Homesteading Today.

I know some of this has already been addressed but thought I would throw out a bit more.
Get a Realtor to do an analysis its well worth the money.

[edcopp]

Originally Posted by Coco

3 acres all 6 wire fenced and organic for the last 3 yrs+ old farm house.apple trees ,asparagas plants rubarb, tone of perennials house is 1800 sq feet, + basement root celler master bed with hot tub and bath walk in closet. Out side wood burner, ( saves on insurance and is efficent as can be) but no wood lot must by logs I pay &700 per yr for a loggers 10 cord delivered . a 40 x60 pole shed that is heated by said wood burner, can make anykind of cottage industry, will not be taxed for it though the township. ! Allice Chambers tracker, ANd One Molline trackter one 1 yr old Pullman 48 inch with bagger lawnmower great nighbors and if your just the right kind the township can use a seceatary and a chairman, those jobs alone will be a net of 10,000 per yr for both, but you will have to work for it and keep what the township has standed for for yrs., and to compost everything from the nurshing home just 1/4 mile up sthe road from the farmer giving a plot to grow what hey can , The shed is on it's own electric and phone line with an office. Nice small school district with front door bus pick up, home school is a big plus in the area, the major employers are health care, and any trade as in paper making, welders, pipefitters anything to do with a DNR position. Plenty of kids to care for, and law enforcement is always looking. Make an offer or just give an opinon to what I can ask for it. I can send pics if you can help me make the asking price. It's not much( new roof and windows and insulation) but I need options on how to sell it, as we are moving to the ST point area to take care of my husbands parents that are in there 90's and are big contribiturs to the DNR programes in WI, and they don't want to move out to THE FARM. go figure SO plz give if you are a good jugement on such, I can send pics, I have a conventional septic that will most likly need to be repalced, so I 'm honest out the money that will need to be spent, but good news I do perk just fine, but still will cost some money. thanks

I would not put a price on your house. Only the owner can do that effectively.

I will make a few suggestons. Hire a real estate brokerage firm to sell your house. You are obviously emotionally attached to this property.

If you really want the facts about what your property is worth then hire a real estate appraiser. It will cost you a few hundred dollars but will solve a lot of issues for you. Now understand that the real estate appraiser will be placing a value on the real estate, not the other stuff. Farm equipment is not real estate, is not valued the same way, and is often looked at as being someone elses' problem that they are attempting to get rid of. Sell that stuff seperately. Also be prepared to prove that your outdoor wood furnace is real efficient. There is a lot of information in the marketplace that says otherwise, your appraiser may need to be convinced.

Also be aware that a lot of people who buy houses are not looking for another job. The job oportunities while they may have some value to someone, do not add any value to the real estate.

Anyway, just my guess you are attached so hire a professional.

[Shadow]

If I had no idea what the value was its time to spend a little money and have a appraisal done by a licensed appraisar. Here that woulld run you 250 to 500 dollars. Other wise you will just be guessing. They will base the price on comparable sales of property like yours in your area and on the cost of replacement property.
I know most of you don't want to spend the money but I know of a person that had owned a small lot close to here on the highway had had a shop there for years. A person walked into his shop and told him he would like to buy his place would he like to sell. He said he would sell but would not negotiate, and he would not get appraiosals of pay for any deeds or title searches and so forth. He wanted and named what he had figured was a outrageous price. The man said fine here is a contract write in the price you want and sign it. Here is your check for half and the other half will be as soon as you can get me the legal descriiption and I can get you a deed to sign.
The deal was done in 24 hours he then found he had sold for less than one fourth of what the lots on both sides had been bought for. Any appraiser could have told him. He left almost a quarter of a million that the man would have gladly paid him. Its now a shopping mall.
At least check with three realestate agents and list it with one. Do not worry about what it will become as you can not control that unless you are willing to sell for less than it is worth orgive it to some one who will do it your way. Best of luck David

[daytrader]

Myself. I am prettty good in realestate. There is no way. I would be posting this.

I woulg go spend the 500 bucks and get a realestate lawer then I would go find and pay a realestate agent. NOT ON PERCENTAGE just pay a flat rate to sell the place.

If you want to know about pricing. Then pay them there 200 bucks to get you a price, AFTER YOU HAVE HAD ALL THE LEGAL WORK DONE. You will find that after doing this they will be pretty much right on with buyers in hand.

See folks thing one way and forget about the other way.

When I sell places I DO NOT USE REALESTATE AGENTS. When I buy them I PAY a agent to go find what I want. MOST do it the other way.

I know for a fact if its worth more then 20k. Why would you not hire a realestate lawyer?

[Toads tool]

I'd also like to know why the property is going up for sell.

[agmantoo]

100 times the realistic monthly rent one could expect is the minimum value of the property