A fresh dose of the local market. Three times a week.
It’s true that as technology advances, there are several ways to find out the approximate value of a home almost instantly. Just recently, I tried out a new feature on a website called Zoocasa, where you can enter any home address and get an on-the-spot home evaluation. Well, that was the plan. Naturally, I wanted to test the little widget with a couple of recent sales. So I entered the … [Read more...]
Image by Corbis The asking price of a home should reflect the current market price, which is calculated quite differently from the municipal assessment. The city evaluates properties every three years (meaning they are often behind the going market values), and they base their assessments on the property itself and its neighbourhood. To determine optimal asking price, a homeowner should get … [Read more...]
Sometimes you find properties that have a municipal evaluation higher than the asking price. In most cases, it’s the other way around. So as a potential buyer, you might wonder whether or not this is an error -- how can it be that the person is selling for less than the municipal evaluation? … [Read more...]
To Stage or Not to Stage – that is the question! - by Sveta Melchuk Updated from the Home Staging archives. Originally published on Jun 18th 2007. Staging a Home for sale will cost you money. Is it worth spending time and effort on it? After all, once the decision to sell has been made, you just want to get it over with as fast as possible, right? First, did you determine the … [Read more...]
A comparative market analysis (CMA) is an evaluation tool used by real estate agent's, based on local listing and sales data, to determine the probable sale price of a property in the current market. Who can use this information? Both sellers and buyers alike. Home sellers can use a CMA to help determine a list price. Buyers can use it to help them determine the offer price on a property they … [Read more...]
Updated from the seller's archive. Originally posted in 2007. This post was one of the first ones to be on the blog, back in 2007. It was an adapted version of an existing article from our company's marketing material for sellers. The content is still quite relevant. I hope you find it useful too. If you're thinking of selling your home, you need a marketing plan. Just like any other product … [Read more...]
They always say that the spring is the best time to sell a home. I couldn’t disagree more. Let me explain: In today's market, the average home in Montreal takes around 2 to 3 months to sell - if priced accordingly. You want to be closing in the spring, not listing it. By the time spring comes, you want your home SOLD - and not still for sale, otherwise you’ll be missing the boat. So what you … [Read more...]
Real Estate Broker
McGill Immobilier
514.917.7889.
deyanira@McGillRealEstate.com
Lets connect