EVALUATING YOUR HOMES WORTH IN THE COVID-19 ERA
5 CRITERIA FOR PRICING A HOME When you put your home up for sale, one of the best ways to determine the asking price is to look at comparable sales. There’s rarely a perfect apples-to-apples comparison, so a pricing decision often relies on comparisons to several recent sales in the area. Here are five criteria to look for in a sales comparison. LOCATION : Homes in the same neighbourhood typically follow the same market trends. Comparing your home to another in the same neighbourhood is a good start but comparing it to homes on the same street or block is even better. DATE OF SALE : It varies by location, but housing markets can see a ton of fluctuation in a short time period. B est to use the most recent sales data available. HOME BUILD : Look for homes with similar architectural styles, numbers of bathrooms and bedrooms, square footage, and other basics. FEATURES & UPGRADES : Remodelledds bathrooms and kitchens can raise a home’s price, and so can less