How Much Is Your Winnipeg Home Really Worth In Today’s Current Market?
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If you’re planning to sell your home in Winnipeg, it’s important to know its value. This is where a Comparative Market Analysis (CMA) comes in. A CMA is a report that helps determine the value of your home by comparing it to other similar properties in the area. Here are some of the things that are included in a CMA report.
Active Listings
These are the homes that are currently on the market and are similar to your property. By looking at these listings, we can see what other sellers are asking for similar homes. This helps us determine where to position your home in the market.
Expired and Withdrawn Listings
These are homes that were listed for sale but didn’t sell. These listings are important because they can help us determine where not to price your home. If a home is priced too high, it may not sell, and looking at expired and withdrawn listings can help us avoid making the same mistake.
Sold Homes
Sold homes are properties that have recently sold in your area. By looking at these homes, we can see what buyers are actually paying for properties that are similar in size and style to yours. This is important because it helps us determine what a buyer might be willing to pay for your home.
By looking at these factors, a CMA can help you price your home appropriately and attract the right buyers. If you’re planning to sell your home in Winnipeg, call us for a market evaluation for your home to ensure that you get the best value for your property.