I tell Howard County home buyers all the time that, sometimes all you need to do to get the “best deal” is simply to recognize a great deal, and act on it, when you find it.

Take the home below.  A 4 bedroom, 2 full bath contemporary with 2 car garage and tax assessed at $444,000.  It is in clean shape, a bit dated, but extremely well priced at just $400,000.  When most homes are selling at around 97% to 103% of their tax assessment value, this home is asking a mere 90.1% of its tax assessment value.

Is it a buyer’s market right now? Heck yeah.  But, even now about 25% of all homes that sell each month are sold within 30 days or less of being listed, and sell for darned near (if not even over) their asking price – yes in 2008!  My guess is, this home at 5414 Lightning View Road in Columbia will be one of them.

For an article on understanding and calculating a home’s Assessment Value Ratio click here.

Or, you can request a list of well-priced Howard County homes here.

Priced 10% under tax assessment? Such homes sell fast.

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