General Market Statistics: A general review of the Calgary Real Estate Market produced by the Calgary Real Estate Board (CREB) on a monthly basis.
Local Area Statistics: An in-depth analysis of the market activity in your community over the past 12 months, broken down by price range and home style. Review Home Pricing Index (HPI) and how the Benchmark pricing trends relate to the value of your home.
Comparative Market Analysis (CMA): An in-depth comparison of the facts relating to what homes have recently sold for, what is actively for sale, and the details on properties that attempted to sell but were unsuccessful. Applying a plus/minus strategy using similar properties for sale and similar properties that have recently sold, establishing an adjusted price ‘range’.
Current Homes For Sale – “The Competition”: Finally, we look at houses for sale in similar areas, in that price range to see what a potential buyer would be looking at in comparison to your property.
The combination of all strategic approaches will help you to make an informed decision on pricing your home.
The real estate market within Calgary is constantly changing. It’s important to ensure that you are armed with the most current information.
Pricing is one of the four elements that will determine whether a home sells or doesn’t sell. The appearance of a home, marketing plan, and the market conditions at the time of selling are the most important factors that will determine your success.
Remember, your information will always remain private. Whether you decide to sell or not, either way Krista can help educate you to ensure you are confident & comfortable with the decision you make.
Looking forward to meeting with you!
