Market Analysis
Your Home
A Market Analysis can be a good tool for you whether or not you are planning to Sell your home. The details of your Market Analysis will change from year to year or season to season.
Who does a Market Analysis?
Any qualified Real Estate Sales Representative can do this task for you. Depending on the purpose for the Market Analysis, there may be a fee involved.
What is it exactly?
A Market Analysis is an organized grouping of sales that compare to your home in your area and includes many of the features of each home and the price that the homes sold for. This allows the Realtor to analyse the value of your property in the current market.
Why would I need to have one done?
If you are planning to sell your home, you will want to have one done to see what the current value of your home is. Sometimes people want to know what the value of their home is and how it stacks up in the market place if they are considering going to the Bank for an increase on their mortgage or line of credit. There would be a fee for this but it is much better than to go to the bank without the research having been done. There are times when people are dividing up family assets on the death of a loved one. A Market Analysis gives the family an accurate description of the property that they will sell or turn over to a family member.
How long will it take to get a Market Analysis?
You can have a Market Analysis done a quickly as you would like. Sutton Sales People have all the tools and information at their fingtips and a tour of your home with some details from your tax bill is all that is required. Within a few days, you will have an accurate value for your home.
