Lake Scugog Historical Society Historic Digital Newspaper Collection

Port Perry Star, 16 Oct 1991, p. 37

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

What's the value of your home? Are you thinking of sell- ing your house this fall? If you've never sold a home before, the process might seem to be a little intimi- dating -- especially if you're not familiar with how a realtor helps you price your home. It' simportant to set the right price. If it's set too high, your home might end up not selling, espe- cially in a declining mar- ket. Conversely, if the price is set too low, you could end up losing a lot of money. Contrary to some peo- ple's perceptions, the price of a home is not something a real estate professional pulls arbi- trarily out of a hat. For most residential sales, one technique that is widely used and usually quite reliable is a competi- tive (or comparative) mar- ket analysis (CMA) -- a Er BD Se FIRST CHOICE thorough, objective evalu- ation process. Your realtor is a highly trained individual with: the knowledge and exper- tise to conduct the neces- sary research. Through the analysis process, he/ she will come up with a price range for your home which will reflect the most current market con- ditions. : By using MLS data and computers, real estate AR professionals can access precise, factual informa- tion about properties (in- cluding price) which have sold or are for sale within the same neighborhood, and are comparable to yours in terms of size and amenities. After all, one- storey houses cannot be compared to one-and-a- half storey or two-storey ones and new houses can- not be compared to old ones. An Accurate Assessment First the realtor will thoroughly inspect your home to examine a num- ber of very important fac- tors which help deter- mine pricing, such as its location, size and the shape thatit'sin. He or she will want to verify a host of other fac- tors as well -- such as how many bathrooms your (Turn to page 3) Century; i HWY. 7A at WATER STREET, PORT PERRY 985-7371 OWNER WILL CONSIDER ALL OFFERS Brick bungalow, never lived in. No GST. 3 bedrooms, dining room with w/o, beautiful oak kitchen. Forced air electric furnace. Finished rec room. Large basement windows. Lake access for all year recreation. Some lucky purchaser is going to get a terrific buy! For details call Marj. Tripp, Associate Broker Res: 985-7606. WE CASTLE HARBOUR DREAM Supreme living in this 4+ bedroom red brick entrepreneur styled home. Exceptionally decorated with solid oak flooring in main entertaining areas. From the kitchen that has everything, step down into the sunken family room with fireplace and bay window. Very distinguished living on 1 1/2 acres with crystal spring fed pond. Listed at $389,900. Call Ramona Reesor Res: 985-1500. £1 \ te A A' J Sem wae é Ga on s " v ' : ht : i '4 0 5 i % 4 fait ¥ os ' PERE i A a TENT a rm. 1 } | } } } } | 4 i

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