Real Estate Blog

Effectively Pricing a Home

What factors contribute to pricing a home?

The main factor in pricing a home is the state of the current market. Now this can change from month to month which is why it is so important to get a Real Estate Professional in to give you the most up to date advice!

The next major thing to consider is the location. Are you in a sought after neighbourhood? Is there any good schools nearby? Are the homes on your street all single family homes, new builds, older homes or maybe multi family units? Tell us what brought you to this particular neighbourhood so we can use that to draw in the next buyer!

Then we look at the home itself. When was it built? Have you done any updates? How big is the home? What amenities does it have? How big is the lot?

Pricing a home is the single most important part of getting it sold. If a home is over priced it can end up sitting on the market too long and deter people from even looking, where as a sharply priced home can attract multiple offers and potentially sell for more than asking.

The bottom line is this. Anything will sell if it is priced right but the key is finding that line while still getting you the most money in your pocket. That is where we come in! Give us a call today and let us help you get the most money for your home!
NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate.