When selling, you will want to ensure that your home is priced correctly to attract buyers while maximizing your bottom line. Buyers also want to be sure that if their offer is accepted they will not feel like they have overpaid. In addition to trying to get a good comparison of locally sold homes, the attributes of your specific home will be a significant part of the decision as to what a home is truly worth. The outside may look the same but that is all you can see.

Factors that affect the price are:

 

 

  • Interior finished 
  • Age and condition of the roof 
  • Electrical 
  • Plumbing 
  • Flooring 
  • Lot size 
  • Proximity to services such as schools 
  • Inclusions in the sale such as appliances, furniture, hot tub etc. 

Realtors can help with the process due to their experience with Buyers and Sellers and with knowledge of attributes of other homes. It can sometimes be difficult to hear that a home’s market value may not be in line with your expectations. A registered real estate professional can objectively evaluate a home to ensure that a home’s price truly reflects the current Market Value.

 

Submitted by:  Jim McLachlin, Broker

www.chathamontariohomes.com

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