sellhousecalgary
Sell House Calgary
Between 2019 and 2020, the median sales price went up by 10%, going from $223,000 to $244,900. This represents a significant increase in price.
So, Do You Think My House Will Sell for 10% More Than It Did Last Year?
Between 2019 and 2020, the median sales price went up by 10%, going from $223,000 to $244,900. This represents a significant increase in price.
So, do you think your home may sell for 10% more than it did the year before?
Maybe. A good, sturdy, maybe.
The location of your property and the demand among buyers for properties that are comparable to yours are the primary factors that determine whether or not it would sell my house for 10% more than it did a year ago.
It is much more likely that your home would sell for 10% more than it would have last year if you live in a popular neighborhood where lots of buyers want to buy homes but few sellers are selling homes. If this describes where you live, the likelihood of this happening is much higher than it was a year ago.
We are not going to seek comparable sales from twelve to eighteen months ago and then add ten percent to the prices of those sales when we are studying the market value of a property in order to get it ready to be put up for sale. We will look at sales from six to twelve months ago that are comparable to the one we are interested in, and we will also look at current listings that are either actively for sale or are under contract.
When prices are rising rapidly, such as 10% over the course of a year, it is even more vital to be accurate and strategic with the pricing of your house. This is because the market is becoming increasingly competitive.
There are usually enough data points of recent sales and pending listings to give us enough guidance to make a good decision in order to maximise both the price at which you sell your home and the speed at which you sell your home. However, pricing your house for sale won't always be a super straightforward decision.
It is in your best interest to start researching the value of your home's current market immediately if you are ready to put it up for sale this spring.
If you're among property owners who are asking agents to “sell my house”, it's important to price it accurately and strategically. Our team at MrHomeBuyerSellMyHouseCalgary can help you do more than that. We help property owners sell their houses without a realtor as is, in cash. We know how to get your home sold quickly and for the best possible price. There are no fees, no commissions, no repairs & clients won't even have to clean their properties.
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