You may have some idea of what your property is worth to you, but how do you go about gauging a realistic price when measured against the current property market and economic climate? This post outlines a few ways that can help guide sellers towards finding a fair market value when compared to similar properties.
Use some Online Tools
Use an online market value tool or calculator like this RBC one to create an estimate of your property’s fair market value. Think about upgrades you've done, as well as additions to your property; this can raise your estimate substantially. And remember to be honest with your answers to get the optimal results.
Book a Home Appraisal
Professional home appraisers conduct a full review of your property and then...