Current Competing Inventory – Outside Communities
These are a few high and medium density condominiums nearby that buyers have historically cross-shopped when considering a Domain residence. Active listings will give you an idea how your home would compete against other homes. Although appraisers will not use properties of an adjacent city, the reality of market pricing takes into consideration similar communities that cross city boundaries.
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The Domain Active Listings
Most crucial for a formal appraisal or buyer considering an offer are the units currently on the market — especially if it’s the same floorplan. Buyers will directly compare upgrades, location, condition, and other factors when determining: 1) If they’d like to see the home; and 2) How much they would be willing to offer. Appraisers will determine which properties to use in their report and adjust accordingly.
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