{"id":21010,"date":"2022-12-12T11:11:00","date_gmt":"2022-12-12T19:11:00","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=21010"},"modified":"2022-12-01T08:56:21","modified_gmt":"2022-12-01T16:56:21","slug":"determining-the-value-of-properties-when-youre-planning-to-sell","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/","title":{"rendered":"Determining The Value of Properties When You&#8217;re Planning to Sell"},"content":{"rendered":"<p style=\"text-align: justify;\">Determining the value of your home is an important step when you\u2019re planning to sell. Home prices have fluctuated in the last year so it\u2019s possible you\u2019re not quite sure what your home is worth today. Home prices in Ontario have dropped by just over 18% since February, but in other provinces like Nova Scotia, they\u2019ve grown by 4.57%. Markets can differ largely from province to province, city to city, and even from one neighbourhood to the next. There are a few simple steps you can take to estimate the value of your home, and some tips to consider when pricing it to help position your home to sell quickly for a fair market price.<\/p>\n<p style=\"text-align: justify;\"><strong>Look at Comparable Sales in Your Area<\/strong><\/p>\n<p style=\"text-align: justify;\">Review the homes in your area that have recently sold to give you a good idea of listing and selling prices. When looking at comparables, or \u201ccomps\u201d, it\u2019s important to look at recent sales, preferably within the last three to six months, and use those sales figures to gather a rough figure of what your home might be worth. Look for homes with similar features to yours as it will give you the best idea of what your home could be worth. If your home has a basement, a large backyard, is close to great schools, or any other important features that set it apart, look for similar comps. Other features like the number of bedrooms or whether the home has an open plan can also be considered when determining your home\u2019s value. Avoid the extreme highs and lows seen during the pandemic market, as these figures may be inaccurate or not reflect true market standards.<\/p>\n<p style=\"text-align: justify;\"><strong>Make Adjustments Based on Your Home\u2019s Features and Renovations<\/strong><\/p>\n<p style=\"text-align: justify;\">If you\u2019ve made any renovations to your home since you bought it, take those into account when adjusting the value. For example, if you\u2019ve renovated your kitchen and created a modern open space, or improved certain elements like the plumbing or heating, these will positively affect the value of your home. Any specific features such as modern appliances or a pool will also help increase the value.<\/p>\n<p style=\"text-align: justify;\">Take into account what kind of changes have occurred in your local real estate market as well. What property types are most in demand? Is it detached homes, condos, or townhouses? Also, is the market favouring buyers, sellers, or is it balanced? If the market currently benefits buyers more than sellers then you\u2019re likely to have to list your home for slightly less, whereas with a seller\u2019s market you could list it a little higher if your market is competitive. You can do your own research to get a feel for the real estate market, but remember that you can contact us anytime to talk to a real estate agent in your area for free.<\/p>\n<p><a href=\"https:\/\/www.zoocasa.com\/blog\/determine-home-worth\/\" target=\"_blank\" rel=\"noopener\">3 Steps to Determine What Your Home is Worth<\/a> by Daniel Crook | zoocasa<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Determining the value of your home is an important step when you\u2019re planning to sell. Home prices have fluctuated in the last year so it\u2019s possible you\u2019re not quite sure &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-21010","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Determining The Value of Properties When You&#039;re Planning to Sell &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Determining The Value of Properties When You&#039;re Planning to Sell &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Determining the value of your home is an important step when you\u2019re planning to sell. Home prices have fluctuated in the last year so it\u2019s possible you\u2019re not quite sure &hellip; [read more]\" \/>\n<meta name=\"twitter:creator\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:site\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rory Clipsham\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/12\\\/determining-the-value-of-properties-when-youre-planning-to-sell\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/12\\\/determining-the-value-of-properties-when-youre-planning-to-sell\\\/\"},\"author\":{\"name\":\"Rory Clipsham\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"headline\":\"Determining The Value of Properties When You&#8217;re Planning to Sell\",\"datePublished\":\"2022-12-12T19:11:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/12\\\/determining-the-value-of-properties-when-youre-planning-to-sell\\\/\"},\"wordCount\":501,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/12\\\/determining-the-value-of-properties-when-youre-planning-to-sell\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/12\\\/determining-the-value-of-properties-when-youre-planning-to-sell\\\/\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/12\\\/determining-the-value-of-properties-when-youre-planning-to-sell\\\/\",\"name\":\"Determining The Value of Properties When You're Planning to Sell &#8226; Rory C Real Estate | Oakwyn Realty\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#website\"},\"datePublished\":\"2022-12-12T19:11:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/12\\\/determining-the-value-of-properties-when-youre-planning-to-sell\\\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/12\\\/determining-the-value-of-properties-when-youre-planning-to-sell\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2022\\\/12\\\/determining-the-value-of-properties-when-youre-planning-to-sell\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Determining The Value of Properties When You&#8217;re Planning to Sell\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/\",\"name\":\"Rory C Real Estate | Oakwyn Realty\",\"description\":\"Rory C Real Estate Updates | Home Selling &amp; Buying\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\",\"name\":\"Rory Clipsham\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"contentUrl\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"width\":504,\"height\":504,\"caption\":\"Rory Clipsham\"},\"logo\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.roryc.ca\\\/\",\"https:\\\/\\\/www.facebook.com\\\/pg\\\/BurnabyandCoquitlamHomes\\\/about\\\/?ref=page_internal\",\"https:\\\/\\\/www.instagram.com\\\/roryclipshamhomes\\\/\",\"https:\\\/\\\/x.com\\\/RoryClipsham\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Determining The Value of Properties When You're Planning to Sell &#8226; Rory C Real Estate | Oakwyn Realty","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/","twitter_card":"summary_large_image","twitter_title":"Determining The Value of Properties When You're Planning to Sell &#8226; Rory C Real Estate | Oakwyn Realty","twitter_description":"Determining the value of your home is an important step when you\u2019re planning to sell. Home prices have fluctuated in the last year so it\u2019s possible you\u2019re not quite sure &hellip; [read more]","twitter_creator":"@RoryClipsham","twitter_site":"@RoryClipsham","twitter_misc":{"Written by":"Rory Clipsham","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/#article","isPartOf":{"@id":"https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/"},"author":{"name":"Rory Clipsham","@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"headline":"Determining The Value of Properties When You&#8217;re Planning to Sell","datePublished":"2022-12-12T19:11:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/"},"wordCount":501,"commentCount":0,"publisher":{"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"articleSection":["Real Estate"],"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/","url":"https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/","name":"Determining The Value of Properties When You're Planning to Sell &#8226; Rory C Real Estate | Oakwyn Realty","isPartOf":{"@id":"https:\/\/www.roryc.ca\/blog\/#website"},"datePublished":"2022-12-12T19:11:00+00:00","breadcrumb":{"@id":"https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.roryc.ca\/blog\/2022\/12\/determining-the-value-of-properties-when-youre-planning-to-sell\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.roryc.ca\/blog\/"},{"@type":"ListItem","position":2,"name":"Determining The Value of Properties When You&#8217;re Planning to Sell"}]},{"@type":"WebSite","@id":"https:\/\/www.roryc.ca\/blog\/#website","url":"https:\/\/www.roryc.ca\/blog\/","name":"Rory C Real Estate | Oakwyn Realty","description":"Rory C Real Estate Updates | Home Selling &amp; Buying","publisher":{"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.roryc.ca\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":["Person","Organization"],"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7","name":"Rory Clipsham","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","url":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","contentUrl":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","width":504,"height":504,"caption":"Rory Clipsham"},"logo":{"@id":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg"},"sameAs":["http:\/\/www.roryc.ca\/","https:\/\/www.facebook.com\/pg\/BurnabyandCoquitlamHomes\/about\/?ref=page_internal","https:\/\/www.instagram.com\/roryclipshamhomes\/","https:\/\/x.com\/RoryClipsham"]}]}},"_links":{"self":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/21010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/comments?post=21010"}],"version-history":[{"count":1,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/21010\/revisions"}],"predecessor-version":[{"id":21011,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/21010\/revisions\/21011"}],"wp:attachment":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/media?parent=21010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/categories?post=21010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/tags?post=21010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}