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    4066 N 450 W, Decatur, IN 46733 $119,500 
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Address:   4066 N 450 W    City/ST:   Decatur, IN   Zip Code:   46733  
Property Type:   Single Family Home   New or Resale:   Resale    Square Footage:   1424  
Bedrooms:   2   Bathrooms:   1   MLS#   200914532  
Property Tax:   567.72  

This lovely country home offers an updated Oak kitchen, a large utility room and a nice enclosed sun porch that looks out to a back yard filled with mature trees!

Last Updated: 11/20/2009 11:36:27 AM
Listing Agent and Office:  Missy J Burkhalter , Prestige Realty

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Real Estate Tips
Pricing >The Value of Your House

One of the sayings from the "gold-rush" days--"Them that's got the gold, sets the price!"--is also a principle that applies to real estate. We say that a house is only worth what someone will pay for it, even though the owner, the bank, and the agent all have their own opinions about the "market value" of a home. In other words, no sale ever takes place until the buyer agrees with the price.

How can sellers arrive at the maximum "fair" price that buyers are willing to pay? Buyers (and appraisers) make their decision based on comparisons. While shopping for a home, buyers will visit many similar homes in their price range and measure the features of each one against the price. They decide which house offers them the maximum value for the price. Buyers do not expect a home to be a "steal" or dramatically under-priced, but they do expect it to be a fair value.

Sellers must determine the value that their home offers in order to arrive at the right price. The real estate agent will advise the sellers what buyers should be willing to pay for their home, but the asking price is set by the seller.

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Real Estate Trivia
Q 
What economic factor can make the purchase of a home an excellent long-term investment?

A 
Home price appreciation can result in a substantial return on the buyer's investment as a house increases in value over time.
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Jerry Morrow, REALTOR®, real estate agent and broker for Fort Wayne, Woodburn and Auburn, Indiana home listings, property and land for sale - NUMBER1EXPERT

Jerry Morrow
JMO Real Estate Group

6605 E. State Blvd. Suite 2
Fort Wayne, IN 46815
Direct: 260-485-0784
Office: 260-485-0771
24 Hour Information: 800-869-9706
Fax: 260-479-1599
Personal: jerry@jmoreg.com
Information Request: info@jmoreg.com

Buyers and Sellers Wanted!!! BUYERS Please call (800) 869-9706 Your 24-hour information hotline or visit our website at www.jmoreg.com to learn on how to: -Purchase your new dream home with $0 money down -Get pre approved for a 5% fixed interest rate -Obtain a 1% adjustable interest rate -Simply gather general information about today’s ever changing market SELLERS Please call (800) 869-9706 Your 24-hour information hotline or visit our website at www.jmoreg.com to learn on how to: -Receive a free CMA for your home. Competitive Market Analysis -Get approved to buy a home without selling your current home -Learn how we help find prequalified Buyers to purchase your home -Simply gather general information about today’s ever changing market Call Today and see how I can Help. I Look forward to hearing from you. Sincerely, Jerry Morrow 260) 485-0784 jerry@JMOREG.com

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