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How Do You Price A Home To Sell in London Ontario?

How Do You Price A Home To Sell in London Ontario?

Are you thinking about moving and wondering how to price a home to sell in London, Ontario? You have a price in mind, maybe two or three! Such as:

  • Incredible

  • That will work

  • No way

How is the right asking price determined to get you what you want?

There are several ways to price a home to sell.

Remember that value and price vary between sellers’ and buyers’ perspectives!

  • Disregard your view of your home’s worth for a moment and start considering what it is worth to a prospective buyer. Chances are, you have invested much time and money into making your house the perfect home for you. A buyer doesn’t share your memories or emotions or care about your financial situation.

  • A Realtor may give you a comparative market analysis (CMA).  This tool lets you see what other similar homes have sold for in your area.  Ask why certain homes were included on the CMA while others were not. The CMA is an excellent tool for determining an asking price but is not necessarily the best.

  • Consider going to open houses. Remember to look at other homes with the impartial eye of a buyer, not from the view of a current homeowner looking to sell.

  • The price per square foot formula is a good way to compare apartment condos. It is unsuitable for houses as most homes have different finishes and styles.

  • Is it a seller’s market? A buyer’s market?

  • Do you have to sell?

  • Use my 60-point valuation chart, our exclusive home audit, and a scorebook that addresses these questions and others to value your home and obtain a price that could exceed your expectations.

Want your home sold now? I can be reached at 519-435-1600.

Ty Lacroix Broker Sutton Group Preferred -Envelope Real Estate Group 519-435-1600