Guide to SELLING Your Home

      Determining the value of your home

The market ultimately determines the true value of your property.

Before you compare your home to similar properties and establish a competitive list price, the following points should be considered:
1. Location
2. Size
3. Style
4. Condition
5. Community Amenities
6. Buyer Supply
7. Financing Options

Getting to Know Your Market

A comparative market analysis is an indicator of what today's buyers are willing to pay for a home. It 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.

Your Real Estate Professional will prepare a comparative market analysis for your home based on the most current market information. Together you and your Real Estate Professional will establish the proper list price for your home.

Return to Guide to SELLING Your Home

Please note: when using Modern Living's forms please fill out all REQUIRED FIELDS, or the form will not work. Thank you. Modern Living has answers to your questions and more professional tips to make your real estate transaction more pleasurable. Call or e-mail Modern Living or click on "Ask Your Own Questions." Modern Living can send you information on any Property Listed For Sale on the Multiple Listing Service in the Ottawa area. If you would like us to help you locate a home, please fill out our Information Request Form. Or perhaps you are considering selling your home in the near future, we can also offer you a Complimentary No Obligation Market Evaluation Form

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