FREE HOME APPRAISAL
GET A FREE home VALUATION WHEN YOU SELL YOUR HOME
The GTA real estate market has been on an upward trend for the past several years. Many home owners wonder what their homes are worth and ask themselves, “Is it the right time to sell my place?”
Whether you're upgrading or down-sizing, why not find out what your house is worth first? In order to sell your home for the best possible price, you need an experienced realtor to guide you through the process of putting your property on the market. When you choose us, we’ll appraise your home’s value for free!
HOW DO REALTORS DETERMINE PROPERTY VALUE?
Realtors determine a home's valuation by examining several factors. They look at things such as your property’s square footage, its age, its location, the quality of the construction, and even the number of bathrooms.
“What about home improvements?” The value of renovations is considered, and those do weigh in, but buyers don’t take into account how much money you spent on those improvements. So you may or may not recoup the cost of remodeling.
Here are some other things that realtors and their buyers reflect upon when reviewing your property value: similar homes in your neighbourhood that have been sold in the recent months, similar properties in your area that have just been listed in the MLS (Multiple Listing Service), a database containing properties across Canada sponsored by the Canadian Real Estate Association. And homes in the vicinity that went onto the market but didn’t sell; this last category is important, because it can teach you about overpricing your home, especially if it’s not in a desirable location or the floor-plan isn’t optimal.
With all of these facts in mind, your real estate agent will help you price your home competitively so you can attract qualified buyers who are ready to move.
MLS: A CRUCIAL FACTOR IN SELLING YOUR HOME
After determining your home’s value, your agent will enter your property into the Multiple Listing Service. This is critical: if your home doesn’t appear in the MLS realty database, you have a drastically lower chance of selling your property.
The MLS contains a wide variety of properties – investment homes for purchase, condos for sale, and apartments for rent. How will your property stand out from the rest? One thing that will draw the attention of potential buyers is your home’s price.
Experienced realtors list a price that’s reflective of a home’s value. A price that’s too high usually means that the property doesn’t offer enough desirable features for people to pay that amount for the home.
When you choose a real estate expert, he or she will write an MLS entry for your home that will make it abundantly clear exactly what value the property delivers. The listing will highlight everything about your home that makes it well worth the price. After reading about your home, interested buyers should feel lucky to have the chance to purchase your home.
REAL ESTATE PRICING EXPERTS
Realtors at our Team are experts at evaluating your home so that it appeals to buyers and you receive the best price for it. We’re skilled at what we do so put us to work for you today!