New Bern NC Home Values
What is my Home Worth?
There are Hundreds of Real Estate Brokers in the New Bern area. Why would you choose the
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What are Home prices doing in New Bern?
Like much of the country foreclosures and a worst recession since the great depression had a devestating effect on Real Estate prices. Home values in the New Bern area are currently stable and trending upward. It is my opinion that this trend will continue as the local ecomony is doing well. Most of the larger industries in the area are hiring and the retirement industry has never been better.
Can a Real Estate Broker tell me what my home is worth?
Sure--an experienced Real Estate Broker can give you a very accurate accounting of what your home is worth. Call Steve and Jana Tyson,they have over 45 years combined experience in Real Estate Sales in the New Bern-Havelock-Oriental markets. They will perform a no obligation, Comparable Market Analysis for you. They do this by analyzing recent home sales in your neighborhood and adjusting the house for upgrades, condition, etc. It's accurate, it's free, and there are no obligations on your part.
What is the most accurate way to determine what your home is worth?
By hiring a licensed Professional Real Estate Appraiser.
They are trained, licensed by the state, and have the tools
at their disposal to do a complete appraisal of your
property. There is a cost involved. Expect to pay $450-$600 for a full appraisal.
Can't I just use the Tax Value to determine my property value?
The short answer is no. Tax revaluations in Craven County are only done
every 4 years. Some Counties do them every 8 years. There are approximately 56,000 land parcels in Craven County that have to be revalued every 4 years so for obvious reasons the tax appraisers cannot revisit each one of them. They have to do a whats called a mass appraisal. They gather statistical sales data for each neighborhood and use this data to determine tax value. With that said, in my opinion, right now the tax values for most of the properties I have seen, are pretty accurate. The tools, especially the GIS system, now at the disposal of the Tax Office allows them to do a reasonably good job with estimating the value of properties.
In N.C. once a tax
appraisal is done it essentially stays unchanged until the County does another countywide revaluation. The
exception to this rule is if you get a building permit and
add to the value of the property. Then the tax man can add
the value of the improvement to your tax value. Even if a house is sold the tax value does not change.
Can't I just use Zillow or some other national website to see what my house is worth?
Yes, you can go to some of the national web sites that claim
to be able to value your house. But guess what? By their own
admission many of their values are off on average by 33%.
That is not going to be very useful to you, is it?
So what are you waiting for? Get your free home value if you
live in New Bern or the surrounding area.
There is a much better way to get an accurate valuation of your
home or property. Here's how. Send me
the address of the home you want to get a current market
value of and I will do a CMA, Comparable Market
Analysis, using the most up to date sales data in your area.
Be sure to let me know any special features about your
home that I might not otherwise know about.
There is no obligation on your part. And we will get it back
to you usually within 48 hours.
Just send me an email at
Search For Homes In New Bern And The Surrounding Area
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