1) What is today’s Real Estate Market Like?
One of the big questions we get asked and indicators that show the state of the Calgary market is the average days a property has been on the market. Another example which we show to the seller is the number of closed transactions year-over-year for any given month, average list prices, and the average sale prices.
2) What steps do I need to prepare my home for selling?
It is all about the first impression and always giving your home its best shot. Curb appeal before they reach the door is important, so make sure there is no outside mess, and in summer the grass is cut and shrubs pruned. Inside, remove all clutter, put what you don’t need away, and fix any small paint jobs.
3) What is my home worth?
With market comparables, actives and solds in your area we present a CMA price range where the price of your home sits. Adjusted by upgrades, we arrive at the competitive price your home should be listed at.
4) Is the assessed value an indication of market price?
Not really, there are many Calgary homes that are sold for more than assessed value and many sold for less. The assessed value is used to determine your yearly tax rate. However, there are many home buyers who believe that if a home is listed over assessed value, it is overpriced.
5) What do you use in a CMA (comparative market analysis)?
We look at the “comparable” solds in your area within the past 6-12 months and current “comparable” actives to see what your listing competition is and answer this question. Comparables would be (but not limited to) comparable square footage, number of bedrooms & bathrooms, developed or not basement, walkout vs. basement, roof age, lot features, kitchen upgrades, style of home, windows condition, and flooring type.
6) When is the best time to sell my home?
Every real estate market in a Calgary community is different, and a well priced home in good condition will always sell quickly in most markets. Seasons are important, it may take longer to sell in the snowy winter months. Selling in the fall is sometimes good, before winter comes along. But also February or March can be good if it is mild weather, before most sellers wait for the grass to green to list in the spring, and you can have a lot less competition to sell against.
Call today to book a market consultation, we will be happy to go over everything in detail, including our Marketing Strategy to get your home Sold!
E: info@CalgaryDreamHomes.com Direct: 403-850-0669