Pricing your home properly
The real estate market is already starting to heat up - Some advice for those looking to list their properties for sale.
Recent reports of dropping home sales in Vancouver have prompted the city's real estate board to issue a press release highlighting the importance of pricing your home properly to reflect current market conditions.
While the Ottawa real estate market is very different, the lesson still rings true for those looking to list their homes.
Most sellers will have an idea of the price at which they wish to sell their home, typically based on their own perception of the home's value. However, it is highly recommended to consult with a professional real estate agent, look at comparable homes in the neighbourhood, and take into account the current real estate market in order to ensure the property is being priced properly. Poorly priced properties can sit unsold for months, putting the brakes on the search for a new home.