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Wayne Zuhl, The Last Name You'll Ever Need in Real Estate (Remax First Realty II)

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Rainmaker
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Wayne and Jean Marie Zuhl. I would search out comps, even if they weren't in the area, as you are dealing with a unique property.

Contacting agents in other rural agents would also help.

Oct 27, 2015 06:28 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Rural communities are larger in size than urban communities, widen your search area and you will find other cabins that sold.

Dec 22, 2018 10:18 PM
Rainer
388,679
Kate Akerly
Kaminsky Group - Manhattan Beach, CA
Manhattan Beach Residential Sales

I would try to learn how good the area really is for hunting.  Then I would research values of hunting cabins in other areas and try to gain an understanding of how valuable this location would be to hunters compared to alternative locations.

Oct 29, 2015 11:03 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Wayne and Jean Marie Zuhl One, you can hire an appraiser or two, use the cost approach to market value. Cost of construction minus depreciation plus the value of the land.

Oct 27, 2015 11:17 PM
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I generally go a little further away (even 30 miles if needed) to look for comps and also will call a appraiser to get help in finding a market value. I have a good relationship with several and they are always helpful.

Oct 27, 2015 02:53 PM
Rainmaker
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Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Yikes, I guess I would start with what you think the cost of the cabin is/was and how old it is, what condition it is in, how much property is with it...

Oct 27, 2015 01:26 PM
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Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

You just need to find similar properties on other areas and, if needed, make a location adjustment.

Oct 27, 2015 12:53 PM
Rainmaker
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Do you have any land comps you can use to price the land, and then adjust for the improvements? Look outside your area, too, where market conditions might be similar. You could also suggest the seller get an appraisal. 

Oct 27, 2015 11:56 AM
Rainmaker
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

That is tough. I would go outside the area into a neighboring town and find homes that are simple and rugged and adjust away.

Oct 27, 2015 11:55 AM
Rainmaker
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Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

You have already received good advice.  Use a professional, as we expect of home sellers and buyers.  Mark

Oct 27, 2015 10:46 AM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I had a very unique home years ago, where they added on, and lots of fabulous upgrades.  I paid for an appraisal upfront.   Still does not tell you what a buyer is willing to pay, but you can leave a copy out on the counter for prospective buyers.

Oct 27, 2015 10:13 AM
Rainmaker
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Cindy Davis
SD Home Source Realty - San Diego, CA

I would probably talk with a local appraiser or pay for an appraisal.

Oct 27, 2015 09:27 AM