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Springfield Area Neighborhood Information  Springfield’s growth has spurned numerous new residential developments ranging from traditional residential neighborhoods to golf course communities and gated communities. Some of these local neighborhoods are as follows: Buckley Ridge, Savannah Pointe, Olde Bradfordton Place, Centennial Park Place, Cobblestone (2nd Addition), Happy Landing, Irongate, Mill Creek (2nd Addition), Panther Creek West, Piper Glen (Expansion), Salem Estates, Oak Park Estates, as well as numerous others. Springfield also has a few smaller (non-incorporated) areas which have been a part of Springfield for a long time. Such areas like Leland Grove, with its mature landscape, private golf course and a variety of homes, from the traditional bungalows of the 40’s & 50’s to large stately manors of Springfield’s former elite residents. Then there is Jerome, with its quite streets small town atmosphere and traditional single-family homes. On the North end of Springfield lies the village of Grandview, with its strong neighborhood communities and nice bungalow style homes. To the South end of Springfield, you will find Southern View, another quaint neighborhood of traditional ranch and bungalow style homes. All of these areas provide a wide variety of living experiences as well as neighbors and community events. Several smaller towns and villages in which many residents commute to Springfield for work and pleasure activities surround the city. Athens, Auburn, Chatham, Pawnee, Petersburg, Pleasant Plains, Riverton, Rochester, Sherman, and Williamsville are the names of a few of these communities. All of them have their specific qualities and amenities which set them apart from one another.  Request our Free Springfield Relocation Package. It's packed full of useful and important information about the Springfield, Illinois area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... What are the best neighborhoods? It's our job to know! Tell us more about your move. Or request our FREE Springfield relocation package of information. It'a free and without obligation... 
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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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What little-known folk remedy is said to help keep bats away from your home?
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According to some rural homeowners, if you tar and feather a two-by-four board and place it in your yard, it will ward off bats! |
See More Real Estate Trivia > |
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