Previous Thread
Next Thread
Print Thread
Rate Thread
Market Value of Timberframe Home? #1361 02/08/05 05:27 PM
Joined: Feb 2005
Posts: 1
C
cmeyer Offline OP
Member
OP Offline
Member
C
Joined: Feb 2005
Posts: 1
Any suggestions on how to price a timberframe home? We're putting ours on the market, and there are no comparable homes in the area, other than stick-built homes. Our home is hand-cut, not from a kit, yellow pine, 8 years old. We also have a large timberframe barn on the property, same specs.

Thanks for your comments...

Re: Market Value of Timberframe Home? #1362 02/09/05 03:49 AM
Joined: Jan 2005
Posts: 5
F
Frank Grzesk Offline
Member
Offline
Member
F
Joined: Jan 2005
Posts: 5
i was speaking with a realtor in my area and he thinks it is comparable to a well built log home or maybe even a little higher escpecially if you used the sips.he used to build timber frame homes so maybe hes a little biased?hope this helps.

Re: Market Value of Timberframe Home? #1363 02/09/05 09:38 PM
Joined: May 2002
Posts: 218
E
Emmett Greenleaf Offline
Member
Offline
Member
E
Joined: May 2002
Posts: 218
There a many ways to price a home for sale. In most markets the time of year not only has a bearing on price but how quickly it will move.
When there are no comps to use for an asking basis try this:
Take the 3 most recent high dollar sales in your market. Calculate the price per sq ft for each.
Then add them and divide by 3. Multiply this nr by your sq ft and see if the $$ are acceptable.
Location and the barn may contribute to inflating the price even more. A motivated buyer seeking a well crafted timber frame will pay a premium price but these folks are hard to find.
Advertise in Scantlings and any wood trade publications you can find. Advertise in the TF magazines.
Good luck.


Moderated by  Jim Rogers, mdfinc 

Newest Members
Bradyhas1, cpgoody, James_Fargeaux, HFT, Wrongthinker
5137 Registered Users
Powered by UBB.threads™ PHP Forum Software 7.7.3
(Release build 20190728)
PHP: 5.4.45 Page Time: 0.040s Queries: 14 (0.014s) Memory: 3.1184 MB (Peak: 3.3977 MB) Data Comp: Off Server Time: 2024-05-08 05:31:41 UTC
Valid HTML 5 and Valid CSS