Re-sale value is the monetary value of a property that was bought by a holder and he/she needs to liquidate the property. Hence this is the money that he/she expects to make from the transaction. It is advisable to get a good advice from a real estate agent.
Replied by Wilson on Monday, November 12 2012, 09:40 AM·Hide·#4
There are a lot of factors that you may need to consider. The resale value of a house is not determined by just one factor, but some are common.
Example, you need to buy a house that matches those in the surrounding neighborhood to have a good resale value. A very big house or very tiny, (Judging by the average housing sizes in the surrounding) may not have the desired resale value.
Other factors are like the architecture (is it modern), The number of bedrooms (Many family houses have 3 or 4 bedroom).
Wilson that is right, there is many factors to consider. To determine if a house has a good re-sale value consider the demand of the type of house in the market. From the demand you can set the price to re-sell the house.
