Pricing Your Property

Reasons behind your decision to sell may vary; you may be looking to downsize, upsize, or potentially move out of town or to a cottage. However, once the decision to sell is official, the potential sale price you set is a crucial factor. When it comes to listing, there are three types of markets to be prepared for: sellers, buyers, and balanced. A buyer’s market is the least ideal market for a homeowner and will negatively impact the sale price. Your agent can explain the current situation in your area and work with you to determine the best path forward for you and your family. Our Royal LePage® Team Realty Agents are uniquely qualified to provide the current market trends to help determine the best price to list your home. Some of the factors your agent will use in their analysis include:

  • Comparable listings in your area
  • Houses with similar square footage
  • Lot size, is there a pool or deck?
  • Level of renovations and finishes
  • What homes in the area have sold for?
  • How long were they on the market?
  • Is the home in a mature neighbourhood?
  • Are there good road connections?
  • Are there schools close by?
  • Is OC Transpo nearby?
  • How much are taxes?

There are many factors to consider when deciding on the list price of your home. This is a complex and crucial part of the process. Your Royal LePage® Team Realty Agent will conduct a complete analysis and provide you with a suggested list price.

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