Selling Your Property? How to Best Position Your Home on the Housing Market

MyAgentMyHome.ca | Posted on Mon, Jan 19th 2015 00:00
Tags: Saskatoon Real EstateSell a Home

The housing market can be fickle and selling your property will be challenging if proper preparation is lacking. Selling your property successfully is all about how to position, in a competing market. It is critical to market your home in its most favourable light, while targeting qualified, interested buyers. This way you will sell your home with satisfaction, knowing that you got the best possible return.

If you want to sell a home in Saskatoon and surrounding areas, follow this practical advice. Learn about selling your property in an ever-changing housing market. You will experience a smoother process and have the best overall success.

Selling Your Property? How to Best Position Your Home on the Housing Market

Prepare and Stage Your Home

You only get one chance to make a great first impression when selling your property. Your curb appeal – how your home looks from the outside – and how your home is staged on the inside are crucially important elements when attracting buyers. Many buyers will turn a house down at the earliest opportunity with anticipation of something better waiting for them

Preparing a home for maximum curb appeal means:

  • Mowing the lawn
  • Trimming hedges and bushes for a neat appearance
  • Raking any leaves, sticks, or other debris
  • Putting down fresh mulch
  • Planting flowers
  • Repainting shutters and doors
  • Cleaning gutters
  • Pressure-cleaning your siding and driveways
  • Cleaning your windows
  • You want your property to look its best on the inside too.

Stage your home so it looks liveable and inviting. Apply a fresh coat of paint, rearrange furniture strategically, remove clutter, and allow the key strengths of your home to shine. Create a great first impression and make it memorable. Many agents have a good eye and will offer suggestions on how to de- clutter and rearrange furniture. As well, there are affordable professional decorating services available. Be sure to discuss available options with your agent. Preparation can be easier than you think, especially when an experienced agent is working with you.

Know What the Housing Market Expects

When you sell a home in Saskatoon and surrounding areas, you will need to know what the housing market expects. In other words, you need to understand what the housing market thinks your home is worth in comparison to what other similar homes are worth.

This is something prepared buyers will be aware of, so it helps to know what similar homes are worth while setting an asking price and when selling your property. Otherwise, you could set a listing price that is too high – which will – - cause buyers to focus on lower priced homes as they ignore yours– or too low, which could rob you of value.

Whip Your Home into Shape Before Selling

When you sell a home in Saskatoon and surrounding areas, you should first be certain your home is in the best shape possible.

Key areas that may need attention, repairs or, improvements include:

  • Tidiness and cleanliness
  • Windows and doors
  • Caulking and weather stripping
  • Function of gutters and drainage systems
  • Damaged moulding and floorboards
  • Paint color or condition
  • Stained carpet and scratched flooring
  • Garage or shed condition and/or clutter
  • Proper grading, leaky pipes
  • Interior water stains due to roof flashing or shingles in need of attention

Major repairs, improvements or renovations such as new shingles, an upgraded heating system or bathroom fixture may be needed in the near future. What your share of the improvements are to be, will depend on many market factors. Therefore it is important not to make assumptions. Before you begin selling your property have a discussion with your agent and ask, “What do I need to do to my home?” Your agent will help you determine what should be done prior to marketing your home and what can be left for the new homeowner. This way when you sell a home in Saskatoon and surrounding areas you will sell it at the best price, and get a maximum return on your investment.

Use these tips and professional guidance to help you sell a home in Saskatoon and surrounding areas with confidence!

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Saskatoon (Areas 1-5)

May 2018

May 2019

Percent Change

  • New Listings
  • 972.00
  • 944.00
  • -2.88%
  • Days on Market Until Sale
  • 46.00
  • 49.00
  • +6.52%
  • Average Sales Price
  • $332,753
  • $331,739
  • -0.3%

Surrounding Saskatoon (Areas 6-9)

  • New Listings
  • 970.00
  • 3003.00
  • +209.59%
  • Days on Market Until Sale
  • 61.00
  • 82.00
  • +34.43%
  • Average Sales Price
  • $414,044
  • $258,179
  • -37.64%

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