What is "fair market " value for rent or sales value.

A common question we get as Realtors is what is a fair market value of a property or to charge for rent. The definaion of fair market value is the price a ready, willing, and able consumer is willing to pay for a product. The value can be impacted by location, property condition, added features such as upgrades, the type of heating and or cooling system, parking, storage, the type of flooring, cabinets, room size, closet space, laudry or appliance &/or hookups. Comparable unit values with simialar feautes are used as a basis for pricing units to rent or for sale. If your thing about selling in the Worcester or Central MA area. Contact me for a market analysis or to list your property.