What Buyers Want to Pay For Your Home?

Mon, 30 Sep 2013

If you’re selling your home, you’ll have a very personal perspective on what it‘s worth. You know how much time, money, and effort went into the renovations and landscaping. It’s natural to want these improvements factored into the asking price. Even though potential buyers may appreciate the improvements made to the home, they are only interested in paying the current market value for your property - the price for which comparable homes with similar features are currently selling in your area.

It’s tempting to list your home above the current market value, in the hopes that a buyer will appreciate all the time and money put into the property. But that strategy rarely, if ever, works. In most cases, pricing your home higher than comparable properties on the market only discourages potential buyers from viewing it. It also helps other similar properties sell faster because an over priced home makes properly priced homes look like a bargain.

Buyers expect to pay market price. The good news is that the current market value of your home may be a lot higher than you think. The only way to know for sure is to have an experienced REALTOR® look at it and provide you with an estimate.

Want to find out the current market value of your home? Call today.

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Royal Lepage
Viraj Tanna

Viraj Tanna
Sales Representative

Tel:
416.443.0300

Direct:
416.854.6655

Fax
416.443.8619

Email
Contact Me

8 Sampson Mews,
Suite 201,
Toronto, ON,
M3C 0H5 

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