WHAT IS MARKET ANALYSIS?

The correct selling price of a home is the highest price the market will bear. To assist you in determining the correct purchase price, we will provide you with a comprehensive market analysis of comparable properties that have recently been offered for sale in the neighbourhood. This analysis is based strictly on homes that can be considered similar to the one you are looking at, and will be specifically prepared for you from recent sales data.

This ‘comparative’ property analysis is divided into three categories:

  1. Similar properties that are currently listed
  2. Similar properties that have recently sold
  3. Similar properties that have failed to sell

By carefully studying the comparable property locations, features, and the terms under which they are offered, we can develop a clear picture of the potential market for any property.

By looking at similar properties recently sold, we can see what buyers have actually paid in the last few months. This is the acid test that is used by lending institutions to determine how much they are willing to lend a buyer. While we naturally want you to receive top market value, we can agree that there’s a point where a price will be too high. By looking at homes that didn’t sell, or took longer to sell, we can accurately determine the best price for a property.

Janice Mitchell - Sales Representative

Janice Mitchell

Sales Representative

In our community, I am proud to be a member of the Board of Management which operates the North Toronto Memorial Arena. North Toronto Arena is a well-managed city rink which is a great example for our city and an important part of my family’s sense of neighbourhood.

Read More

Testimonials

We always felt that our best interests were the priority while working with Nathalie and Janice, and would definitely recommend them as agents. We are very happy in our new home and neighbourhood.

South Riverdale Home Buyers

Nathalie and Janice were instrumental to us landing on our feet in Toronto and being ready to start our family comfortably here. Thank you both for all of your hard work, patience and detail-orientation. It was a really stressful time for us and you helped ensure we got through it! We would actively recommend you to others and work with you again in the future.  

Moore Park Home Buyers