Edmonton, Don't Overlook Resale Value!

On average, people move 5-6 times throughout their lives.

Making sure your house is saleable BEFORE buying it is IMPORTANT.

So, how can you make sure your home will have the best chance of selling when you're ready to make a move?

By choosing the most desirable option available to you.

Here's a list to help narrow down your options:

Location: A prime location often ensures better resale. Proximity to good schools, amenities, public transportation, and low crime rates.

Property Condition: Check for a well-maintained property. Up-to-date systems (plumbing, electrical, HVAC) and sound structure. Homes in good condition tend to sell faster and at a higher price.

Amenities and Upgrades: Homes with sought-after updated kitchens, modern bathrooms, energy-efficient features, and additional perks (patios, a pool, etc.) attract buyers.

Curb Appeal: The first impression matters. Exterior maintenance and landscaping contribute to a home's marketability.

Flexible Layout: Homes with adaptable layouts tend to appeal to a wider buyer pool. Ie., an extra bedroom or office space can be attractive.

Market Trends: Understanding current market demands and trends can help anticipate what buyers are looking for. For instance, energy-efficient homes or smart home features might be in high demand.

Resale History of the Area: Researching the resale history of similar homes in the area can provide insights into the potential value appreciation and demand.

Financial Impact: Resale value directly impacts the financial outcome of your current home when selling to purchase a larger one.

Lastly, and most importantly, having a Realtor that knows how to maximize your profit by pricing your home with the current market. 

DM me if you're thinking of buying and let's chat!