What factors determine the listing price of my property?
Several key elements influence your property’s listing price:
Location: Proximity to schools, amenities, and transport hubs can greatly affect your home’s market value.
Market Conditions: The real estate market climate—whether it’s a buyer’s or seller’s market—can shift prices.
Property Condition: Recent renovations, maintenance history, and overall presentation impact how much buyers will be willing to pay.
Comparable Sales Properties in your neighbourhood with similar features and square footage will serve as benchmarks for your listing price.
Economic Factors: Interest rates, local employment trends, and consumer confidence can also affect pricing.
Team Lorraine Mulligan uses a comprehensive Comparative Market Analysis and up-to-date market data to ensure your home is priced competitively while maximizing your potential profit.