How to Determine the Right Asking Price

One of the benefits of choosing to purchase a home rather than rent is the opportunity for your investment to grow, giving you a larger return. As a seller, you want your home to attract top dollar, but determining the right asking price can be tricky. If the home is priced too high, you run the risk of turning away sales for more reasonably priced homes in your neighbourhood.

Tips for Determining the Value of your Home

Explore Comparables: To find the true value of your home, start by doing some research. Explore previous and current listings to see if any have similar features to your home. If they do, you can look at the prices to get a rough estimate of what you could list your home for.

Talk to a Realtor: Our RE/MAX agents are always willing to help with all of your real estate questions. They not only know the local market inside and out, but they have experience pricing and selling homes in your area. Visit remax.ca to get in touch with a local RE/MAX realtor.

Hire an Appraiser: An appraiser is a professional who will be able to provide you with an unbiased current valuation of your home. When choosing an appraiser, make sure you choose one that is accredited by the Appraisal Institute of Canada.

By RE/MAX Canada|2019-12-18T21:58:15-05:00August 15th, 2019|Buying & Selling, Popular Q&A, Selling Tips|Comments Off

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A home is the biggest transaction most of us will ever make. That’s why it’s important to work with an experienced and knowledgeable real estate agent. For more than 20 years, RE/MAX has been the leading real estate organization in Canada and beyond. With a presence in over 100 countries and territories, the RE/MAX network’s global footprint is unmatched by any other real estate brand. RE/MAX has always been an industry leader, adopting the latest technology and creating innovative marketing programs. RE/MAX was the first brand to expand its reach world-wide through a revolutionary global listing site, featuring listings from more than 80 countries, displayed in over 40 languages. Closer to home is RE/MAX’s deep commitment to the communities we operate in. Our exclusive Miracle Home Program allows RE/MAX agents to donate a portion of every home sale to Children’s Miracle Network.