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<Back to Page			Property 14 of 77 Selections

Sold - 8446 Chatham Dr, Canton Twp

$460,000

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Address: 8446 Chatham Dr	City/ST: Canton Twp, MI	Zip Code: 48187
Property Type: Single Family Home	New or Resale: Resale	Square Footage: 3695
Bedrooms: 4	Bathrooms: 4 full, 1 half	MLS# 29128309

Elegance! Atmosphere! Comfort! Transferee perfect and move-in ready! Dramatic 2-story foyer, formal dining room with butler's pantry, formal living room, library, 2-story family room with balcony, hardwood floor, fireplace with marble surround, gourmet kitchen with granite, princess suite, Jack & Jill bath, stunning master suite with trey ceiling, glamour bath with his & her closets, dual staircase, walkout lower level. All the wants can be yours!

Last Updated: 11/23/2009 8:17:59 PM

Listing Agent and Office: Michele Safford, Coldwell Banker Weir Manuel

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About Appraisals >Fair Market Value

What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell". Sounds great, but how is this price determined?

The starting point for determining a fair price may be an opinion of the value or "comparative market analysis". Such an analysis uses information on similar properties which are: 1) currently for sale, 2) already sold, or 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated.

By comparing similar properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum price that buyers would be willing to pay for a house.

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Q	What is considered one of the greatest U.S. construction projects that was also of great strategic importance to the U.S.?
A	The Panama Canal, begun in 1904 and completed in August, 1914, which cost $366,650,000.
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Michele Safford, REALTOR�, real estate agent and broker for Northville, Novi, Canton and Metro Detroit, Michigan home listings, property and land for sale - NUMBER1EXPERT

Michele Safford
Coldwell Banker Weir Manuel
41860 Six Mile Rd
Northville, MI 48168
248-675-1245
sold@michelesafford.com
Michele is a licensed Realtor with seventeen years of experience in real estate. Her primary areas of expertise are working with sellers and buyers and both family and corporate relocation. She is familiar with Metro Detroit and the Southeastern Michigan counties of Wayne, Oakland, Livingston and Washtenaw. In addition to her real estate license, Michele received her Bachelors degree from Michigan State University and her Masters degree from Oakland University, both in the field of education. She has taught all areas of special education, mentally, emotionally and learning disabled children. She has worked as a Vocational School Presenter. She resides in Northville and has four grown children.

For the last three years Michele Safford has remained the #1 Agent in the Coldwell Banker Schweitzer Northville office. She consistently stays on top of the market trends and has been working with a business coach for several years. With the constantly changing market sellers and buyers need to hire the best real estate expert in the industry. Call 248.675.1245 or email sold@michelesafford.com to meet all your real estate needs.

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