Price it to sell
Setting a selling price for your home is a tough decision, but a very important one. Of course you want to make as much money as possible. But you don’t want to ask too much and have your listing sit for ages without selling. Here are some tips for pricing your home so it sells fast, at a price you’ll be happy with.
However, dropping the price is never a good idea. It makes you look desperate to sell. Better to come up with a reasonable price right from the start.
What it’s worth to you isn’t the same as market value.
Find out about expired listings. These are properties that didn’t sell, and they’re a good way to get a sense of what buyers won’t pay for a home like yours.
Most REALTORS® will do a Comparative Market Analysis (CMA) to show you what similar properties have sold for in your area. For a CMA of homes in your neighbourhood, or to ask about recently sold or listed properties, contact your REALTOR®.
Trademarks owned or controlled by The Canadian Real Estate Association. Used under licence.