NEWSLETTER
  1. Home
  2. Gail Meili | How much is your house worth ?

How much is your house worth ?

Last Modification: 02 July 2024
evaluation_1-17199252521017848891

Don't start selling your home without knowing its true market value.

One of the first crucial steps is to determine the market value of your property. Unlike municipal value, market value represents what the market is willing to pay for your home. It is influenced by the supply and demand of homes for sale in your area, and this dynamic varies seasonally and from year to year, much more frequently than municipal value.

Why consult a real estate broker?

A real estate broker is uniquely positioned to determine the market value of your property. Working with buyers and sellers on a daily basis, they can provide you with an accurate assessment of your home based on the market. In addition, your real estate broker has access to the actual selling prices of properties, as opposed to the listed prices. This distinction is crucial because it prevents you from being misled by relying solely on the listed selling prices. Indeed, it is not uncommon for homes to be listed at X price but ultimately sell for Y price, after the inspection and negotiation process. Gail Meili, real estate broker in Saint-Lazare and Hudson, can offer you this peace of mind with her expertise.

The cost of an assessment

Getting a property appraised typically costs between $400 and $600. However, most real estate agents will not charge any fees to appraise your home. For them, it is a way of investing in a short, medium or long term business relationship with you.

If you use several brokers and the estimates vary, do not rely solely on the highest estimate. Your broker will present you with the comparables used to justify the market value of your property. Take the time to carefully analyze these comparables with your real estate broker to better understand this evaluation. Gail Meili, real estate broker in Saint-Lazare and Hudson, can guide you through this complex process by sharing precise and comprehensive information.

An opportunity to get to know each other

Having your property appraised by a broker is also a great opportunity to get to know this professional and determine if you feel confident before signing a brokerage contract. So, don't leave anything to chance when you're considering selling your home. An appraisal by a real estate broker is the first step towards a successful transaction.

In conclusion, calling on a real estate broker like Gail Meili, real estate broker in Saint-Lazare and Hudson, to evaluate the market value of your home is essential to a successful sale. Do not hesitate to contact her at gailmeili@icloud.com or at 514 969-4134 to benefit from her expert advice and expertise.

Book a meeting.
Let's talk!