HOW TO APPROPRIATELY PRICE YOUR EDMONTON HOME THIS MAY 2016
LOOK FOR A WORTHY COMPARISON
Pinpoint Edmonton homes that have sold in your neighborhood or city over the last 2 months that bear similarity to your Edmonton property. This is where your research skill will come in handy.
CHECK THE AVERAGE DAYS ON MARKET
If you have a restricted amount if time to sell or that you are in a rush, it will be beneficial to analyze the average days on market (See Team Leading Edge Edmonton Real Estate Market Weekly Update). This info shows the average lenght of time it takes an Edmonton home to sell from beginning to end in the current market cycle.
REVIEW THE TREND LINE
You have to have a good perspective on where the Edmonton real estate market is going; up, down or sideways. A good comprehension of the trend line will tremendously help you determine a fair market value for your home.
OBTAIN ANOTHER POINT OF VIEW FROM A 2ND PARTY
Another great way to establish the fair market value of your home is to seek the help of an Edmonton real estate specialist. A competent Realtor will help you get a Comparative Market Analysis or best known as CMA. This CMA is a report that contains details such as market stats and sold & active comparables. Best part is all of these are FREE!
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For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.
