Aug 212012

What is your home’s market value?

Every month real estate statistics and opinions are posted across the country. The national statistics and opinions create the biggest splash, but how does that effect is locally?

What is market value?

Market value is the highest price that a property will bring to a willing seller if exposed for sale on the open market: allowing a reasonable time to find a willing buyer, buying with the knowledge of all the uses to which it is adapted and for which it can be legally used, and with neither buyer or seller acting under necessity, compulsion nor peculiar and special circumstances
Real Estate Encyclopedia

You will notice that the definition makes no mentions of costs, asking price or what Uncle Joe thinks. It is more complicated than that.

To assist you in determining the correct asking price I will provide you with a comprehensive market analysis of competitive properties sold and offered for sale in your neighborhood.

To provide this detailed market analysis, I would be more than happy to arrange an appointment at your convenience in your home.

Not ready for the in-home visit? A basic report on home sale prices in your neighbourhood is also available