"If these comprise more than 30 percent of the market, it has a significant impact on value," Mr. Colton said. "You'll have to take those prices into account an adjust accordingly."
Cover story: Appraisal key to selling price →
"The biggest key to pricing your home accurately is to find a good agent and hire a qualified appraiser," said Greg Colton, owner/manager of the Colton Appraisal Group in Clinton. "These days everyone is focused on appraisal quality."