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How to Make Your Home Stand Out on the Market
Posted on Tue, 15 Aug 2017, 04:10:00 PM  in Home selling tips
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When you're ready to list your home, it's important that the property stands out to ensure that you find the right buyers. Home sellers often want to sell the property as soon as possible to prevent the home from losing value. If you want the house to stand out on the market, there are a few important tips to follow.

 

Stage the Home

Staging the home is necessary to help buyers envision themselves living in the property instead of feeling like they're taking a tour of someone else's home. Use neutral furniture and decor to create a contemporary setting that isn't overly bold or dramatic. Repaint red or dark walls with beige or off-white color shades. Remove personal items that include family photos or children's artwork on the fridge. All clutter will also need to be hidden to prevent it from detracting from the features of the interior and exterior setting. Consider renting a storage unit to place extra belongings instead of stuffing everything inside of cupboards or closets where buyers may inspect. All animals or pets should also be removed from the property.stnad out on market

 

Take Quality Photos

The photos that you use to advertise your home will determine how many people want to take a look at the property. Hire a professional to take quality photos during the daytime when there's plenty of natural light present to create an uplifting setting. The photographer can take pictures of the best features of the property after the home has been staged. The professional should also be capable of editing the images to ensure that they look attractive.

 

Increase the Curb Appeal

It can often be difficult to sell your home if the inside setting is updated, but the curb appeal of the property looks dire and neglected. Boost the curb appeal by increasing the quality of the landscaping and using potted plants on the porch. Consider painting the front door to make it pop and stand out on the home. You can also add a water feature like a pond or a fountain in the yard for extra appeal or a few chairs on the porch.

 

Updating the mailbox and address numbers will also make the home appear newer and maintained well. Having a beautiful front yard and exterior setting will allow buyers to notice the property when driving by and seeing a sign in the yard that the home is for sale.

 

Make it Personal

Your goal should be to make your guests feel at home when they tour the property. Consider leaving fresh cookies out on the kitchen countertop or hanging clean white towels in the bathrooms. Adding air fresheners or lighting a few candles will create a pleasant setting that allows them to feel comfortable in the environment.

 

Avoid being present on the property when buyers tour the property, which can make for an awkward encounter. Let your real estate agent represent you and show off the different features while you're away to help potential buyers feel at ease as they take a look around.

 

Make Use of Each Space

Empty rooms can be a turnoff to buyers because they may not know what to do with the space if they purchase the home. Make use of each space in the home by staging an area that can be used as a home office or a home theatre for the family. Getting creative can allow potential buyers to see that the house will serve many different purposes.


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Questions To Ask Your Sales Representative When Selling Your House
Posted on Sun, 30 Jul 2017, 09:00:00 AM  in Home selling tips
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Selling your house can either be a breeze or it can be a nightmare. Selling your home should be an easy process if you know which questions to ask your sales representative at your next meeting.

 

What Experiences Can You Share With Me?ask your rep

Many sales representatives know how to both sell homes for clients and help buy homes for their other clients. Rarely may you find a sales representative that specializes in one side or the other, but all representatives should have a list of experiences that they can use to help you feel more comfortable with selecting them to sell your home. If you aren’t convinced, then look for a sales representative that will be able to share these comforting experiences with you.

 

Do You Have A List Of References That I Can Contact?

If you like to do your research and would like to know more about the sales representative that you are interested in hiring, consider asking for a list of references to contact. Make sure that you actually speak with these references before you hire your sales representative.

 

Are Your Fees Negotiable

Many sales representatives have a baseline that they draw from in order to establish their fees. They do this so that all customers feel as though they are being treated fairly. Unfortunately, there are circumstances that may arise for you that do not always arise for everyone including delays and complications with the sale. For this reason, your sales representative should be willing to negotiate their fees with you.

 

What Is My Home Currently Valued At?

Your home may or may not be worth what it was when you originally purchased it however many years ago that you had purchased it. If you have done many updates or if the market is in your favor, you may actually be able to get more out of your house than you originally purchased it for. Your home may or may not be competitive with the other homes on the market in your area for one or more reasons that your representative will explain to you. For all of these reasons, you should always ask what your home is valued at.

 

What Can I Do To Increase The Value Of My Home?

If you are not satisfied with the amount that your sales representative suggests that your home will be worth, consider asking what you can do to change it. It may be simple things like staging the home or getting it professionally cleaned. You may also hear that you should replace appliances, pave the driveway, or replace the tub in your upstairs bathroom. You may or may not be surprised to hear what your representative tells you.

 

Do You Know Buyers Looking For Homes In My Selling Range?

You may wish to ask if your sales representative works with potential buyers that are looking for a home in the range that you are selling yours for. This can both speed up the process and help to secure a few home visits right away. This will also help those looking to buy a home just like yours.

 

Does The Market Currently Favor Buyers Or Sellers?

The market is always changing. One year it will tend to favor those that are looking to sell homes, other years it will favor those that are looking to buy homes, and still other years it will offer a unique balance that satisfies or dissatisfies both parties.


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Get The Answers To These Questions Before Selling Your Home
Posted on Wed, 31 May 2017, 12:35:00 PM  in Home selling tips
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Get The Answers To These Questions Before Selling Your Home

Congratulations on selling your Canadian home and preparing for the next journey in your life. No matter how you have come to this conclusion, you are most certainly coming up to a new chapter in your life and we know that it is going to bring you joy and happiness in its greatest form.

If you are selling your home, then you may have quite a few questions about the process and about what you need to do in order to sell your home most efficiently.

Here are a few questions, in no particular order, that you need to have the answers to in order to complete the process of selling your Canadian home in the most peaceful, efficient, and legal method possible:

 

How Much Money Is My Home Worth?

Get The Answers To These Questions Before Selling Your HomeThe house market is constantly fluctuating depending on factors out of your control. These factors could be demand, supply, economy, natural disaster, climate, and region in which your home is being sold. To some degree, you will not be able to control what your home is worth and how much money a potential buyer will pay in order to buy it from you. This is really a consultation where you figure out what sort of figure you would like to show the public.

 

How Many Homes Have You Sold That Are Similar To Mine?

The types of home in which a sales representative has sold in the past may tell you a bit about their style and which types of houses they typically take on to sell. If they have quite a bit of experience selling homes that are similar to yours, you can rest assured that the price they are quoting you is competitive.

 

What Paperwork Do I Need To Be Aware Of Before Starting This Process?

Make sure that you are well aware of all of the paperwork you will need to sign before you decide to start the process of selling your home. This may not seem like a big deal right now, but you will be thankful that you are well-aware and educated later on down the road if there are complications or if you are getting tired with the process.

 

Who Will Be Able To See The Listing Of My Home?

You may be surprised at just how many places your home could be listed for sale. You may also be surprised that your home is not listed in as many places as you thought it may be. You can ask who will be able to see the listing of your home in order to determine whether or not you need to do additional work to ensure that your listing is seen by as many people as possible.

 

Do You Have References I Can Contact?

Your sales representative should have a list of references available for you should you wish to contact them. Your sales representative has nothing to hide and should treat every consultation as if they are applying for a job. If they are prepared they will be able to give your references immediately upon your request.

 

Is Your License In Good Standing? Can You Prove It?

All credible sales representatives will have a license that is in good standing regardless of whether they have been selling homes for a few days or they have been selling homes for 30 years. They can give you this information and they can prove it. They would only withhold proof of a license in good standing if they have something to hide.


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Choosing The Right Colors For Each Room In Your New Home
Posted on Mon, 15 May 2017, 12:35:00 PM  in Home buying tips,  Home selling tips
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Choosing The Right Colors For Each Room In Your New Home

If you have just purchased a New Canadian home and would like to get started on painting but are stumped at where to start, you may find comfort in the list of colors and their common places listed below. You may use this guide as a reference or create your own style as you see fit.

Below you will find a list of colors that are commonly used in rooms throughout a Canadian home. While some colors may seem more practical for one room than another, it is important to remember that once you sign that final contract with your sales representative, then you are free to paint any room in your home in any color that you would like regardless of the suggestions listed below.

 

White

Choosing The Right Colors For Each Room In Your New HomeWhite is often a color that is used in areas of the home that get little light or need to appear brighter and cleaner. These rooms often include, but are not limited to: basements, bedrooms, bathrooms, and kitchens because of its ability to distinguish whether the walls are clean or not.

 

Cream, Beige, Tan, Brown

This group of colors can, and often are, very similar to each other and are consequently used for similar purposes. These colors compliment rooms that you would like to look cozy or welcoming. These rooms most often include: living rooms, hallways, kitchens, and bedrooms.

 

Orange

Orange can be a bold paint choice or it can be found in such a pale shade that it appears similar to the color group listed above. Because of its versatility, it can cover any of the rooms listed above.

 

Blue

Blue is a color that can be found in the majority of houses in Canada. It has a calming affect on people and is often used in spaces where people spend a lot of time. These spaces include, but are not limited to: bedrooms, bathrooms, and living rooms.

 

Green

Green, like blue, tends to make people calmer. There is an unspoken quiet, thoughtful, and tranquil space created inside of any room that is green. For this reason, green is most often seen in studies, bedrooms, kitchens, and common family areas.

 

Red

Red is always a bold choice no matter what shade you choose to paint your room in. Red should be reserved for areas that get a lot of light. It is a favorite among adolescent bedrooms, and occasionally in living rooms or home theaters.

 

Purple

Purple is always a beautiful color to accent a room in. It can have all of the calming and tranquil properties of blue and green, with all of the personality and brightness of Spring. While most commonly seen in girl’s bedrooms and master bedrooms, pale shades of purple may even be found in kitchens, bathrooms, and living rooms.

 

Black Chalkboard Paint

If you have a toddler or adolescent with a creative mind, you may consider painting a wall of their room black with chalkboard paint. This will allow them to release all of their creative energy into a piece of artwork that they will not get in trouble for creating.

 

Advice To Keep In Mind

Just because the colors are listed above does not mean that you have to follow them. You are completely free to choose whatever color scheme you would like in any room of the house you choose to put it in. The above information is simply listed as it is seen in many Canadian homes.


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How To Say “Goodbye” To Your Beloved First Home
Posted on Sun, 30 Apr 2017, 01:40:00 PM  in Home selling tips
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If you are moving away from the first Canadian home that you have ever purchased, you may be having some feelings of intense sadness. That is understandable considering the feelings you had when you were first buying this Canadian home you will now be leaving behind. You chanced it all to get this home in particular and now you’re leaving it for the next chapter in your life. Good luck.

Here are a few tasteful ways to savor that last little bit of time you have left with your beloved first Canadian home before officially signing it away with your sales representative.How To Say “Goodbye” To Your Beloved First Home

 

Plant Something In the Yard

When you step back and look at all that you have accomplished in the amount of time that you have spent in your house, you may be realizing that virtually everything in the house and in the yard have been touched by you at some point. It can be a jarring or saddening thing to think about all of that hard work, blood, sweat, and tears disappearing with the new set of family members to live there. Take this time to come up with something that you can plant in the yard. Think of this item as something that will likely be a permanent fixture that can never be removed. If you live on a wooded lot or have a lot of trees in the backyard, consider planting a tree. It will not be singled out to be cut down and will likely not even be special to the family that moves in, but it will give you the closure you need. That baby tree will make you feel like a part of you will always be with that house and that property. If you can’t plant a tree or flower, then plant an item that meant something to you in the yard. Simply dig a small hole and plant an old piece of trim or a shard of glass from the first window that you ever broke in the house. Even though you won’t be able to watch this bloom for years to come, you can be confident that the item will remain there for many years to come.

 

Fill The Home With Your Favorite Scents

When you think of being at home what is the first thing that often comes to mind? The smells that remind you of home when you’re not there, right? Think of baking your grandmother’s famous cookies from a recipe that is strictly secret between the two of you. Make your favorite dinner and let the smells fill up your home. Maybe these smells come from the scents that you have always used in your baths after a long day of hard work. Whatever smells make you think of home when you are not there are the perfect smells that you should be filling your home with in your last days. Make your memories something special.

 

Create Something

There is nothing more inspirational than the items, people, and environments that mean the most to you. Take these last few days to write poems, stories, or journal entries of all of your fondest memories in the home. If you are not much of a write, then consider making some sort of piece of artwork that you can take with you to remember your first home with. This may be a painting or pastel piece that you have created. Maybe it is a piece of jewelry created using something from the home. Whatever you choose to create should have special meaning to you.


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How To Increase The Appeal Of Your Home When Selling
Posted on Sat, 15 Apr 2017, 01:40:00 PM  in Home selling tips
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When selling a home in Canada, there is almost always something you can do to increase the appeal that your house will have to potential buyers. Some of these things can be easy, quick to do, and cost little to nothing. Other options will require a great deal of time, a set of complex skills, and a good chunk of money. Do not be ashamed if you cannot complete some of the more financially costly options because virtually no house on the market is absolutely perfect unless you personally designed it.How To Increase The Appeal Of Your Home When Selling

If you’re interested in increasing the appeal of your home, then keep reading.

 

Do A Quick Scan Around

The very first things that you should be fixing are the things that have always bothered you and your family members living in the home. If you know that the light sockets need new covers, then replace them with quality covers. If you noticed that the trim in the bathroom is starting to break, crumble, or fall apart, then do your best to replace the trim in the bathroom. If you notice that the carpet has a stain, try to clean it with a carpet cleaner. Any imperfection that you notice will be noticed by at least a portion of the potential buyers that come to look at your home while it is listed.

 

Do A Little Research

If you are not sure of what potential buyers seem to be attracted to, then simply do a quick search on the internet. Many buyers are requesting homes with little to no repair work that must be done and houses that have brand new stainless steel appliances. Many other buyers also like homes with landscaping in the yard and an entry way that is in good condition. These things are likely going to change over time, so remain vigilant in your searches while you are selling your home.

 

Hire Some To Stage Your Home

Sometimes all a house will need is a good interior design artist. These professionals have been hired for years and make a living off of rearranging furniture and staging houses for sales, moves, and personal uses. If you can afford to hire someone to come in and stage your house, consider doing so. Some of these individuals will even be kind enough to give you free advice if you cannot afford to pay for their services.

 

Ask Your Sales Representative What They Think

Sales Representatives have a lot of experience selling homes. They have met with sellers, consulted with potential buyers, and have done research on what tactics work to sell homes the most efficiently with the least amount of effort. Simply ask your sales representative to take a quick tour of your house and take notes as they feel necessary. Once they have completed their tour, then have them talk to you about what they have found. If you hear anything that you have not already considered, make a note of it and see what you can do to address it.

 

Advice To Keep In Mind

You will never be able to meet every need for your potential buyer no matter how hard you work to fix up your house. The right buyer for your home will always be considering things like painting the walls a different color, landscaping differently in the yard, and replacing appliances, roofs, sinks, and doors. The best that you can do is to try and make sure that your home is liveable and that everything you can fix has been fixed to the best of your ability.


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5 Tips to Help Improve the Exterior of Your Home
Posted on Wed, 15 Feb 2017, 10:40:00 AM  in Home selling tips
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When it comes to selling your home, curb appeal is very important. Potential buyers may skip over your home based on the outside, without taking the time to view the inside. Therefore, you will need to keep the exterior of your home well-maintained. Remember that you only get one time to make a first impression with buyers.

 5 Tips to Help Improve the Exterior of Your Home

Pretend to be the Buyer

Before you begin improving the exterior of your home, you will need to determine what needs to be fixed or changed. Examine the outside of your home by walking around the property and taking notes and pictures. You can write down what changes need to be made, and compare your notes to the photos that you have taken. Look at what needs to be repaired, cleaned, or replaced altogether. You should also drive by the home in a car, during the day and at night. Look for anything that seems off, such as a ball stuck on the roof or a crack in one of the windows.

 

The Cleaner, the Better

If the outside of the home has chipped paint, cobwebs, and stains, buyers will likely keep driving by the home, instead of stopping to come in. This is true regardless if your home is in a great Canadian neighborhood, near all of the best amenities. Cleaning the home and adding a fresh coat of paint is one of the simplest changes to make. When you don’t, buyers will wonder what big issues you have failed to take care of on the inside of the home, such as plumbing, electrical wiring, and more. If there are cracks in the steps or sidewalk, see how much it costs to have those issues resolved. A cheaper way to clean the outside of the home is with a pressure-washer. It will generally work on the sidewalks and driveway, as well as decks.

 

Add Some Color

Painting the home is a good way to make your property look more colorful and refreshing. You can also spruce up the home’s exterior by planting some colorful plants. Add a few plants to the porch, or plant some flower beds in the front of your home. Stay away from artificial flowers; this is a turn-off for most buyers, especially millennials. You can make the home seem brighter by opening the curtains and blinds. Homes that look brighter and more welcoming sell faster than homes that have a dull exterior.

 

The Numbering

If you have old, dingy numbers on your door, buyers may take this as a sign of a poorly maintained home. The numbers on your home need to be shiny, clean, and easy to read. Replace any dingy numbers on the home with clean numbers that complement the style of your property. For instance, if you have completed upgrades and renovations to the property that coincide with the current trends, the numbers on the outside of the home should be more modern.

 

Take a Look at the Roof

You can look up toward the sky to see if any repairs are necessary. Check for dirty or missing shingles. If the roof looks dingy or streaked, change the shingles before placing your home on the market. Sometimes all it takes is a good cleaning to give the roof that appeal it needs to attract buyers. It is important that you give your roof that extra glance. Keep in mind that a buyer will thoroughly check out your home, which includes a roof inspection.

Making a great impression with buyers could bring you closer to selling your home, for a great price. If you use these tips, you could wow buyers from the curb, and get them into the house for a proper viewing!


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6 High-Return Home Upgrades That Every Homeowner Should Consider
Posted on Tue, 31 Jan 2017, 09:15:00 AM  in Home selling tips
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All homeowners should have strategic plans for updating their properties throughout the years. These efforts are essential for keeping residential units on par with local standards and for ensuring high returns on these investments. Whether you intend to remain in your current abode for the rest of your life or want to sell your property for profit within the next several years, following are six, high-return upgrades that are well-worth consideration.

 6 High-Return Home Upgrades That Every Homeowner Should Consider

  1. New Siding

Having new siding installed is an investment that will pay for itself many times over. New siding will improve overall building insulation, thereby making it both cheaper and easier to maintain ambient temperatures indoors. This upgrade can be especially beneficial for buildings that have asbestos-containing siding at their exterior. It will eliminate the need for costly and unpleasant disclosures that can bring sales to a grinding halt, while additionally protecting the health of both residents and locals.

 

  1. High-End Rooftop Drainage Systems

Property owners are often encouraged to invest in projects that increase the curbside appeal of their units. While incorporating new landscaping features can certainly add aesthetic value, it is far better to focus on property additions that have intrinsic and functional value as well. One of the most popular improvements among savvy investors is the addition of all-copper gutters and downspouts. Copper gutter systems are incredibly durable and long-lasting. In fact, these additions are estimated to last for up to 100 years. They also beautify residential building structures and are capable of making them stand out, which can be especially beneficial if you're attempting to offload a unit that's surrounded by a number of similar-looking buildings.

 

  1. All-Copper Sinks

Copper isn't just a great addition for the outside of your property. It's also the perfect way to enhance the beauty, value and usability of bathroom and kitchen sinks. This metal has inherent, antimicrobial properties that naturally limit the presence of harmful bacteria. They're also less prone to rust and corrosion over time, even when used extensively. Available in a vast range of shapes, sizes and styles, both hammered and smooth copper sinks blend well with a number of contemporary and conventional decorating schemes to create a luxurious look that's surprisingly easy to maintain.

 

  1. Basement Finishing

For property owners with unfinished basements, investing in services to complete and enhance these spaces is the ideal way to build sweat equity. These projects greatly increase the amount of usable space at the interior of the home. At the very least, a finished basement can become a functional storage space. With vision and a slightly larger budget, a finished basement can also be turned into a functional wine cellar, an additional family room, an office or even an in-law apartment.

 

  1. Hardwood Floors Or Ceramic Tiles

The latest trends in modern property designs include a concerted move away from carpeted flooring. More consumers are concerned with maintaining acceptably high indoor air qualities. Carpet fibres can trap and retain pet dander, dust, dirt and many other allergens. Investing in hardwood flooring, ceramic tiles or other hard, durable flooring options will make your floors easier to maintain and can greatly increase the overall marketability of your property.

 

  1. Smart Home Technologies

Smart home technologies are investments that are virtually guaranteed to provide excellent returns, whether you want to sell or intend to stay right where you are. The addition of a smart thermostat will give you the ability to remotely control your home HVAC system for far more manageable energy bills. Smart security systems and smart entertainment features also make properties far more comfortable and convenient for all property residents.

Although many home improvement plans focus solely on the kitchens and bathrooms, there's much more that you can do to improve the value and appeal of your property throughout the years. Upgraded, rooftop drainage systems and smart features and functions will make it easier to attract qualified buyers in even the most competitive markets. New sinks with their own anti-microbial properties along with other strategic home additions can also greatly increase the level of enjoyment that you get from your home right now.


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Getting Ready to Sell Your Home? What to Do About Nightmare Neighbors
Posted on Sat, 31 Dec 2016, 10:05:00 AM  in Home selling tips
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Do you have nightmare neighbors? Maybe their yard looks like the local landfill. Or, they have several not-so-friendly pit bulls that bark and growl every time someone walks by. These types of neighbors are definitely a nuisance, and can be a nightmare when it comes time to put your home on the market. They can cause potential buyers to run the other way.Getting Ready to Sell Your Home? What to Do About Nightmare Neighbors

Thankfully, there are things that you can do to resolve with these types of issues. Here are some steps that you can take to deal with unruly neighbors before you put your home on the market.

Strike up a Kind Conversation

Initially, engage your neighbor in a friendly, tactful conversation about the issues at hand. Approach your neighbor in a kind, yet assertive manner and try to work out a solution. Avoid becoming accusatory or confrontational. It will not get you anywhere. Explain that you are getting ready to put your home on the market, and you would really appreciate their help in maintaining their property or addressing other concerns. Appeal to their interests. Explain that it will also benefit them by driving up home values in the area. If your home sells for a good price, it will increase the value of their home, as well. If the neighbors are renters, then talk directly to the owner, pointing out to the owner how resolving this issue will benefit them in the long run. They have a vested interest in the neighborhood values and will likely take action to preserve that interest. 

Complain to the HOA

If you have tried to talk to your neighbor, and they refuse to cooperate, then the next step is to complain to the homeowner’s association or HOA, if you live in a subdivision that has one. Homeowner's Associations have very strict rules on how homes that are part of the HOA must be maintained. When you contact the HOA, it is best to provide photographs as evidence that your neighbor is in violation of one of the codes. It would be helpful to review the codes before contacting the HOA. If your neighbor is in violation of HOA rules, the association will initially send letters asking them to remedy the situation. If you neighbor ignores the letters, the HOA will fine them, and bring legal action, if needed. The HOA can even foreclose on a home if fines and fees are unpaid. 

Contact the City

Many cities have bylaws that prohibit noise and nuisances. Check to see if your city has bylaws or ordinances in place. If they do, then file a complaint. The city will usually send the owners a notice advising them that they are disturbing the neighbors and that further action will be taken if the disturbance does not stop. It is always best to keep an incident log when making reports. 

If All Else Fails

If you have tried all of the above and gotten nowhere, it might be time to file a lawsuit. This is something that should be considered only as a last resort. Lawsuits are expensive and time-consuming. You would most likely have to prove the harassment is intentional and meant to prevent you from selling the home. 

Dealing with nightmare neighbors can be stressful. But, it does not have to prevent you from selling your home for what it is worth. Keep the above tips in mind when you list your home and consult a knowledgeable real estate professional for guidance, as they can provide expert information to help you sell your home, even in less than ideal situations.


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How To Price Your Home Just Right
Posted on Tue, 15 Nov 2016, 12:45:00 PM  in Home selling tips
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 Pricing a home is truly a science. However, when it comes to setting a price, many homeowners want to listen to their hearts rather than the cold hard facts. However, experience tells us that the numbers don't lie and in order to sell your home, you will need to accept the professional's assessment of your home's fair market value.

 How To Price Your Home Just Right

Beware Of Overpricing

All too often, homeowners mistakenly think that that they should overprice their home at first. However, this strategy never pans out as they think it will and they sacrifice most of the buyers in the process. Overpriced homes stay on the market for much longer than other homes in the area and often cause delays for sellers who are looking to move into a new home. Even worse, if they have already purchased their next home, then they are saddled with two mortgages.

Sure, it is possible to lower the initial price of your home. However, homeowners should beware. If they continually lower the price of their home, the home may develop a stigma as home buyers wonder what may be wrong with the home to warrant the continual price drops. The best thing you can do to market and sell your home is to price it right from the beginning. This way, your home will sell faster. Who knows, in the right market, with a well-priced home, you may even land more than one offer.

 

Why Your Home May Not Be Worth As Much As You Think

Most homeowners who overvalue their home's worth either confuse their home's sentimental value with its dollar value or they believe that their home is more valuable because of the renovations that they have made.

Unfortunately, buyers do not see the cherished memories when they walk into the home and they certainly do not equate the sentimental value into a monetary sum. Likewise, buyers do not necessarily value all of the renovations the same way that the seller does, and no buyer is willing to pay more than the price of similar homes in the area that have sold recently.

 

The Numbers Don't Lie

What is the best way to price your home? The answer is simple, get the help of a real estate agent. Real estate professionals are able to look at the comparable sales in the area. These recent sales help agents determine what would be the fair market value of the home. This value can help you arrive at a listing price that will be competitive in your home's current market. Agents look at a huge amount of data and variables to arrive at this price. They look at information such as square footage, amenities, floor plans, and more. Additionally, all of the information comes from homes that have sold in your area in the last few months.

Once the agent has collected the list of similar homes and the prices that buyers were willing to pay for them, they are able to make an estimate of what they believe your home will fetch on the current real estate market. Although this number may be less than you hoped, you will be glad when your home sells quickly.


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ZOI OUZAS Sales Representative
RE/MAX Garden City Realty Inc., Brokerage
64 Main Street West, Grimsby ON L3M 1R6
Office: (905)-945-0660 Office: (905)-563-8527
CONTACT ME

 

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