|
What's Your Home Worth In
Another City?
The Home Price Comparison Index provides an index number that helps you quickly approximate how much your home might cost in any one of over 350 markets across North America.
Multiply the market value of your current home by the index number of the destination city where you plan to move. Then, divide that number by the index number of the market where your current home is located. Example: Your home in Tucson (index # 63) has a market value of $200,000 and you are moving to Alexandria (index #212).
$200,000 x 212/63 = $673,016.87
Therefore, the approximate price you would pay for a similar home in Alexandria is approximately $673,000.
What's Your Home Worth In
Another City?
HPCI subject homes are based upon a single-family dwelling model with approximately 2,200 sq.ft.*, 4 bedrooms, 2 1/2 baths, family room (or equivalent) and 2-car garage. Surveyed homes and neighborhoods are typical for corporate middle-management transferees.
Source: Coldwell Banker Real Estate Corporation, 2004.
This information has been submitted by experienced local market specialists and represents a specific subject property. The data also reflects the percentage change in the increase or decrease of average home prices per market from 2003 to 2004. While striving for accuracy, neither Coldwell Banker Real Estate Corporation nor any of its affiliates or subsidiaries, including Cendant Corporation, assumes liability for errors or omissions in this publication.
If your property is currently listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully.
© 2004 Coldwell Banker Corporation. Coldwell Banker® is a registered trademark of Coldwell Banker Corporation. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated. |
