Kelly Bailey

"One happy client at a time" RE/MAX Garden City Realty logo

I offer this service free of charge to any home owner who is interested in knowing the market value of their home.

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Comparative Market Evaluation is a detailed process that examines recent sales in your area. Adjustments are made using comparable properties to determine the market value of your property. When you request a market evaluation, the process is as follows. I will arrange an appointment with you to drop by for half an hour. I will run through a check list of plus and minuses pertaining to your property inside and outside. Then I will go to my Realtor data system, multiple listing service, and find similar comparable properties that have sold in the area within the last 6 months. I will evaluate your property feature’s against the sold properties feature’s and allow for adjustments to determine the market list price of your property.  Once determined I will make an appointment and illustrate to you how the price was determined with supporting documentation.

Any one who offers a market value over the phone or by computer is short changing you as to how important the process is in determining the value.  The property must be visited by the Realtor and takes into consideration many factors and thought process to determine value. 

Market Price is the amount paid or to be paid for the property.  Market Price becomes a historical fact.  Market Price is closely aligned to Market Value.

Market Value is the highest price in terms of money that the property will bring to a willing seller if exposed for sale on the open market.

Market Price is closely aligned with market value which involves willing and informed buyers and sellers which act prudently and rationally in a specific period of time

SUCCESSIVE MARKET PRICES IS THE SALE OF COMPARABLE HOMES WHICH FORM THE BASIS OF ESTIMATING THE MARKET VALUE OF A SPECIFIC PROPERTY.

If you are interested in a complimentary market evaluation please fill-in the information form and I will contact you.

 Comparative Market Analysis Request Form

List them high

Overpricing:

  • Less buyers will show interest.
  • Sale takes longer.
  • Multiple price reductions.
  • Low ball offers once price is accurate.

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Kelly Bailey
Sales Representative

RE/MAX Garden City Realty Inc., Brokerage
64 Main Street West,
Grimsby, ON L3M 1R6

Areas I cover: Burlington, Hamilton, Waterdown. In addition I can find properties in other surrounding areas that you may be interested in. For areas further out I can refer to local RE/MAX agents to assist in your search.

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