Mississauga Home/Condo Evaluation
Comparative Market Analysis (CMA)
The market ultimately determines the true value of your
Mississauga property. As a buyer or a seller, it is important that
before you compare your home's value to similar properties in your
neighbourhood/ condominium complex, following points should be
considered.
- Location
- Lot size and style of home
- Living space or square feet
- Tax information
- Condo fees, if applicable
- Listings to sold ratio
- Days on market
- Condition and upgrades
- Community amenities and schools
- Real estate market
conditions
- Financing options and mortgage terms etc.
Comparative market analysis (CMA) is an indicator of
what today's buyers are willing to pay for your Mississauga home/condo. This opinion
of price is prepared by Realtors or certified market value
appraisers. It
compares the market activity of properties
similar to yours in your neighbourhood.
Homes/condos that have recently sold
represent what buyers are willing to pay.
Homes/condos currently listed
for sale represent the price sellers hope to obtain.
And those
listings that have expired were likely overpriced or poorly
marketed.
Amit can prepare a comparative market analysis
(CMA) for
you when buying /selling your Mississauga property, establish the
current market price.
Contact Amit for your free home evaluation today!
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