Hollis Real Estate Agent
Hollis is a residential neighborhood of single-family homes in Queens, in ZIP 11423. Its housing includes detached Colonials on generous lots, and the area is in School District 26. For a seller, that mix of house and lot size is the pricing question. For a buyer, it is the difference between paying for the home and lot you actually get and paying for a blended neighborhood average.
Online estimates treat Hollis as one blended market. They do not separate what the interior of a home is worth from what its lot is worth, and they do not adjust properly when one home has been renovated and the next has not. The result is a broad, subjective number. Sellers then either chase it and sit on the market, or discount against it without ever knowing the specific value of their own home.
My method is Micro-Comps. I take real sold comparables, calculate the value of each interior square foot and each exterior lot square foot, and apply those rates to your home. The interior indication and the lot indication are averaged into one specific value. Then experience prices the variables, including condition. I don't tell you the value — I SHOW you the value.
Local proof includes my current listing at 195-12 McLaughlin Ave, Hollis, NY 11423, at $1,178,000: a detached 4-bedroom, 2.5-bath Colonial on a 55x120 lot in School District 26.
McLaughlin Avenue is a street I know firsthand — I sold 191-19 McLaughlin, and I have a home listed on the same street today. These blocks price from the lot up, and that's exactly how I work them.
Selling in Hollis, or buying and want a number you can defend? Get a free, specific valuation of the home, based on sold comps. Call David Yudell, Exit Realty First Choice, 180-32 Union Turnpike, Fresh Meadows, NY 11366, at 917-817-9701.
