Thursday, April 16, 2009

How Do You Assess the Market Price of a Home in This Area?

This is just my opinion --

I think the analysts do lean towards commoditizing homes. You simply cannot do that around here! It is practically impossible to explain to someone from out of the area why Menlo Park and Palo Alto are *worth* more than other communities, but historical data backs this up. It's a combination of the schools, the amenities, the demographics, the location and a hundred imperceptible, subtle things that define "quality".

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