The market value of a home is not determined by the realtor that will be selling it nor is it determined by the home-owner. A buyer looking at 10 homes will look at several factors when choosing which home to buy. The factors might include price, condition and location. After looking at several homes, a buyer normally purchases the home that best fits his/her needs and that is priced competitively to the others for sale. To find out what a home is worth, Michel looks at other similar sized homes in the neighbourhood that have sold. He then analyzes them to see if they had similar features to the subject properties. Condition, showmanship and price are three factors that greatly influence buying decisions. If enough recent comparable homes have been sold, determining the value for your home becomes easier. Homes that are presently for sale are also studied because the buyers coming to visit the subject property may be looking at the homes on the market now. Michel is always happy to share his findings including the full listing information on the sold homes and the ones for sale with the home-seller so that the home-seller can arrive at his/her own conclusion. If you want a FREE Online Estimate of Value
Michel will happily email you recent sales on your street and in your neighbourhood as well as homes for sale.