In today's market it’s important to price your home precisely if you want it sold in a reasonable timeframe for the most money. REALTORS® offer home evaluations that will confirm how much your home is worth and are qualified to price your property accurately. With exclusive access to real estate tools, your local real estate agent will provide you with the information you need to price and sell your home for top dollar, quickly. RE/MAX Camosun REALTORS® have a competitive advantage in pricing your home with exclusive access to innovative technology, proven marketing strategies, local and global brand support, and continued education at the RE/MAX University.
Home Evaluation Process
The home evaluation process starts with a Comparative Market Analysis - your REALTOR® will refer to it as a CMA. This includes a visit to your home for a thorough walkthrough and a review of your chosen real estate agents’ marketing plan to ensure they offer the services you’re looking for. They will then evaluate the prices of properties in your area that are similar to yours and have recently sold. The analysis gives you a better idea of your property's market value, the first and essential step in preparation to sell your home.
Comparative Market Analysis
A Comparative Market Analysis looks at sales that most closely resemble your home. The homes used as a comparison are mostly identical to your home in size, shape and condition:
- Similar square footage
- Similar age of construction (Mixed-age subdivisions are common in Victoria)
- Similar amenities - upgrades and condition some factors include:
- Number of Bathrooms
- Has it been remodelled
- Location Location Location
- What’s the view
- Is it a quiet street
Housing Market Reports
CMHC produces reports on the housing market in your local area. These reports are of considerable interest to homebuyers and sellers. Real estate agents also refer to this data in your home evaluation process. If you’re looking for more in-depth statistics visit the Canadian Mortgage and Housing Corporation website.
If you're curious about your home's value in today's market fill out the form below and we can help you with a free Comparative Market Analysis. Let our system do the work for you and get the ball rolling on the next chapter of your life.
*We do not share your information with any third parties.
*Want an instant valuation of your home? Use our My Property tool on the home page. (Estimation only. For an accurate home evaluation contact an agent).