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Need An Appraiser? Count on Totten & Company when you need to know the value of your property in or around County.
View Robert Totten’s profile on LinkedIn, the world’s largest professional community. Robert has 1 job listed on their profile.
- 500+
- September 1, 1983
- Totten & Company
- Fort Worth, Texas, United States
Contact: Robert C. Totten. Address: 2800 S. Hulen Street, Suite 105. Fort Worth, Texas, TX 76109. Phone: 817-731-2222 x23. Appraisal Types: Residental. FHA, HUD, ERC. Totten & Company. Serves Counties: Dallas (TX), Denton (TX), Hood (TX), Johnson (TX), Parker (TX), Tarrant (TX) License: TX-1321494-^.
- When Did This PSF Thing Begin?
- Too Many Variables
- PSF Must Be A Texas Thing
- How to Find Value
- Now You Know
No one knows exactly when homes in Texas started being more about the price per square foot versus a true value, but some believe it came from the early production builders in the 1970s and 1980s. Back then builders were trying to prove they were a better value by decrying a low price per foot over other builders…I guess to prove that a bigger home...
Appraisers all swear up-and-down that they do not compare price per foot of one home versus another when appraising a property. “There are simply too many variables,” states Totten. “Price per square foot is a lazy way that people who don’t understand real estate came up with to quickly find a price for a home. It’s more dangerous than anything.” A...
When talking to other agents or friends who live in California or New York, they never have mentioned price per foot as a deciding factor for purchasing a home. According to the Knight Frank Wealth Report for 2017, the price per foot method of valuation is just absurd. Real estate for $1 million in New York will buy you about 430 square feet of liv...
So if we are not supposed to multiply the size of home by the average price per square foot of homes nearby to determine a price, what do we do? We have to figure out a price for a home. “Common sense is the first thing when determining value,” inserts Totten. “You have to take out emotion — of the buyer and seller — and strictly look at the data. ...
The next time you’re at a cocktail party and someone says, “I heard the home down the street sold for $300 per foot so that means mine is worth at least $325 per foot.” You can either laugh in their face or walk away knowing that they don’t have a clue and you’re smarter than they are! Pass this knowledge on … don’t be guilty of the price-per-squar...
Real Estate Appraiser Member. ... Fort Worth, TX, 76109, UNITED STATES ... (817)996-9122. Contact Mr. Robert Carl Totten rctre@aol.com Cities listed under Texas. FORT ...
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