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Identifying
Your Home's Unique Features
It is surprising how often homeowners fail to recognize the unique value
their individual property holds. The distinct property characteristics
that set the home apart from other homes provide important selling perspectives
that often become key decision-making factors for interested buyers
The key to understanding
your home's most "marketable" advantages is in recognizing those
features, which hold the greatest importance to homeowners. Consider them
the "micro market values", by which you must compete when your
property is for sale. If you decide to list your home, you should be aware
of them. To get a better perspective on them, and their importance to
you, ask yourself the following questions:
Your Community
and Your Neighbourhood
1. Does your community hold certain advantages which protect it from minor
economic swings or disadvantages which make it more vulnerable?
2. Beyond traditional patterns, does your neighbourhood experience unique
cycles through the year which affect the value (or perceived value) of
homes?
3. Can you identify other factors which can affect community market values,
such as population fluctuations, local culture or lifestyles, municipal
services, noticeable pollution levels, or recent government decisions?
Consider your Property
and your Home
4. Is your property situated in a desirable setting (e.g. near recreational
facilities, schools or community services, shopping or commercial developments,
or a major transit route)?
5. does your home have the potential for an addition, such as an extra
room or an expanded entrance?
6. Is there potential for other major improvements, such as a new garage,
or a unique garden or landscaping arrangement?
Make The Most of
Your Home's Advantages
When you've identified your home's greatest advantages, consider capitalizing
on its best features! Even the minor home improvements have a positive
influence on the way your home is perceived, sometimes in direct comparison
to other homes, In the end, you will help your home sell faster and at
a price that recognizes its true potential.
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