Bob Ferguson, Real Estate, Selling, Determining the Value of Your Home

Determining the Value of Your Home

The market ultimately determines the true value of your property. Before you compare your home to similar properties and establish a competitive list price, the following points should be considered:

Location
Size
Style
Condition
Community Amenities
Buyer Supply
Financing Options

Getting to Know Your Market

A competitive market analysis is an indicator of what today's buyers are willing to pay for a home. It compares the market activity of homes similar to yours in your neighbourhood. Those that have recently sold represent what buyers are willing to pay. The homes currently listed for sale represent the price sellers hope to obtain. And those listings that have expired were generally overpriced or poorly marketed.

Bob Ferguson, your Royal LePage Real Estate Professional, will prepare a comparative market analysis for your home based on the most current market information. Together, you will establish the proper list price for your home.

Understand Market Conditions | Determine the Value of Your Home

Factors that Influence Overpricing | Signing a Listing Agreement

Agree on a Market Plan | Preparing to Show Your Home | The Major Elements of an Offer

Click here to see a map of the area.

E-mail Bob Ferguson | Privacy Statement | Site Map

Property Listings | Buying Property | Selling Property

Market Valuation | About Bob | Company Profile

Map of Norfolk County and surrounding communities | Local Area Information | Home