How to price your home to sell in the GTA
Price is the biggest factor in how fast your home sells and what you net.
Start with comparable sales
Look at homes sold (not listed) recently that are similar in:
- Location and street
- Size, bedrooms and bathrooms
- Condition and upgrades
- Lot size, parking and exposure
Read the market
- Months of inventory and days on market in your area
- How many listings compete with yours right now
- Whether homes are selling over, at or under asking
Pricing strategies
- Market value: price at what comparables support and accept offers any time.
- Offer date: price attractively, hold offers until a set date, and let buyers compete. Works best in a busy market with a home that shows well.
The cost of overpricing
Overpriced homes sit, collect price reductions and often sell for less than a well-priced home would have. Fresh listings get the most attention in their first two weeks.
Book a call for a free comparative market analysis from Dinesh.
What does this mean for you?
Book a free 15-minute call and Dinesh will walk you through how it affects your plans.
