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Why Property Evaluation is a Must for Any Ontario Housing Market

CENTURY 21 Dreams Inc. | Friday Jul 12th 2013
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If you are looking to sell your home in Oakville, Mississauga, Burlington, Milton, Kitchener Waterloo, Guelph, Toronto, or Hamilton, then it is essential that you understand everything from house prices as well as obtain a property evaluation before putting your home on the market—regardless of the status of the housing market. Even in the best housing market, a property evaluation is essential to making sure that you price your home properly when selling in Oakville, Mississauga, Burlington, Milton, Kitchener Waterloo, Guelph, Toronto, or Hamilton.

What is a Property Evaluation?

A property evaluation—also frequently referred to as a market analysis—is a key part of selling a home in any housing market. A REALTOR® will show you comparable properties, and provide you with a detailed report of all findings along with the estimated value of your home.

How to Use a Property Evaluation to Your Advantage

When looking to sell a property in Ontario, a property evaluation can go a long way in helping you to understand the value of your home by comparing it to house prices in either Oakville, Mississauga, Burlington, Milton, Kitchener Waterloo, Guelph, Toronto, Hamilton, and the surrounding areas. Understanding the house prices in the Ontario area in which you are considering selling a home can go a long way in helping you determine if you are priced preperly to sell.

Property Evaluation is a Must for Any Ontario Housing MarketThe property evaluation will provide you with an idea of how much your home is worth in the current housing market, and this number in conjunction with the house prices in either Oakville, Mississauga, Burlington, Milton, Kitchener Waterloo, Guelph, Toronto, or Hamilton for similar homes on the market, is key to determining if you have priced your home to sell for top dollar.

Plus, the evaluation will help you know if there are any essential repairs that should be done before listing the property.

At the end of the day, a property evaluation will help you price your home correctly to sell for top dollar and in the least amount of time in either Oakville, Mississauga, Burlington, Milton, Kitchener Waterloo, Guelph, Toronto, and Hamilton.

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This is the number of residential
properties sold in the area(s).
  1. The average home price is found
    by adding the value of all sales and
    dividing by the number of homes.
  1. The median sale price is the
    midpoint of all sales.