How much (approximately) can I sell my house for? This is the first thing the sellers want to find out.
Free, With No Obligation Home Evaluation !
How much more do I have to invest?
So that the price of the house goes up.
Market establishes the price for your home. Homelife Sales Representative will help you to match the realistic price for your home with the market conditions.
After you have evaluated your home (for free), Sales Representative will prepare a Comparative Market Analysis of the homes on sale now, having been sold for the last three months, and expired listings (not sold because of overpricing, poor marketing, or a home not prepared for sale).
Competitive price is based on:
Location
Building size, lot dimensions
Style
Age, condition
Amenities (community)
Financing options
Market conditions (Buyer, Seller, or Balanced Market)
Price is also based on:
Interior:
-Wash walls, ceilings. Consider painting with light, neutral colours. Repair cracks. -Tighten loose knobs, towel racks. -Fix tight doors and windows, squeaky floorboards. -Clean and repair caulking around tubs and sinks. Fix leaky faucets; remove water stains. -Clean and organize basement and attic. (Remember, buyer wants to see space and he will do with it.) -Organize closets. Get rid of clutter. -Clean out kitchen cabinets, and remove clutter from countertops. (Do not try to impress the buyer with your toaster. Maybe, he has the one of his own.) -Clean drapes, blinds, and curtains. Shampoo carpets, and wax floors. -Spray for bugs. -Arrange furniture to let the sun rays occupy the rooms and make them look as spacious as possible. -Remove any items not left after the sale (e.g. chandeliers, mirrors, built-in cases).
Exterior - it is the face of the house, first impression.
-Cut the lawn and the shrubs.
-Remove dead tree limbs and other yard debris.
-Brighten up the garden with fresh shrubs and flowers.
-Get rid of clutter. Put away toys and gardening equipment.
-Repaint or touch up peeling paint on doors, siding, and trim.
-Repair and/or paint the fence.
-Fix damaged roof shingles and flashings, clean gutters and downspouts.
-Clean windows, replace broken panes.
-Wash the driveway and sidewalk. Patch cracks or holes.
-Clean up the garage and shed.
-Have the gas grill ready for use or remove if not working.
-Make sure outside lights and doorbells work.
Renovations (the value they add compared to what they cost):
-*Bathrooms (75 to 100% return)
-*Kitchens (75 to 100% return)
-*Interior and exterior painting (50 to 100% return)
(*Appraisal Institute of Canada, Home Renovation Survey)
-Replacing roof with better quality shingles (50 to 80%)
-Replacing the furnace and heating system (50 to 80%)
-Renovating the basement (50 to 75%)
-Adding a recreation room (50 to 75%)
-Installing a fire place (50 to 75%)
-Up-grading floors with better quality (50 to 75%)
-Building a garage (50 to 75%)
-Replacing windows and doors (50 to 75%)
-Building a deck (50 to 75%)
-Installing central air conditioning (25 to 75%)
Price is not affected by the following (it may be precious to you, but not to the buyer):
How much you paid for the house
How much you spent on improvements
How much you spent on landscaping
How much you need to purchase your next home
What is the price of a similar home in a different neighbourhood
The cost to build the same home today
Custom-made improvements (e.g. a swimming-pool may or may not add to value depending on specific buyer objectives)
thinking of selling: Reasons to sell, Market and the sale of my home, Issues to consider before selling, Papers to have ready, Fixtures, Chatterls, Rental items
