Determining your property's current market value
The housing market is constantly changing and therefore so is the current market value of your home. When determining an appropriate listing price for your home, we look closely at the most recent housing activity in your area of properties similar in size, age and condition to yours.
We use these 3 categories of market information :
homes that are currently for sale in your area similar to yours. This is your direct competition.
properties that have recently sold in your area. This is a good indication of what buyers are willing to pay for a home similar to yours.
similar properties that have failed to sell in your area.
By analyzing this market information, we can get an idea of what your property should “likely” sell for & what it should “reasonably” be listed at. This determine's your home’s fair market value.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
