Establishing the Value of Your Home
Putting a price tag on your home - seems next-to-impossible! How are you supposed to figure out how much to charge? A Free Home Evaluation may be your first step, but you should know that while you may put a price on your home for how much you think it's worth, local market conditions are what really have an impact on the amount you can get for your home. The market ultimately determines the true value of your property.
Getting to Know Your Market
As your Toronto Realtor®, it is Lina's pleasure to help you establish the best possible and realistic price your home can sell for, as quickly as possible. How can she do this? The most effective method of determining what potential buyers would pay for your home is known as Comparative Market Analysis.
A comparative market analysis compares the market activity of homes similar to yours in your neighbourhood. Those that have recently sold represent what buyers are willing to pay. The homes currently listed for sale represent the price sellers hope to obtain. And those listings that have expired were generally overpriced or poorly marketed.
Lina's job is to prepare a comparative market analysis for your home based on the most current market information. Together, we will establish the best proper list price for your home.
Setting a Price
Once you've achieved a realistic sales price, you can count on your property being professionally marketed and promoted to bring more buyers to your door. You can also expect to sell your home for the best possible price in the least amount of time.