HOME SWEET HOME...HOW MUCH IS IT WORTH?
Countless Canadians check their stock and mutual fund portfolios every day....on line, in print and on TV.
But they fail to take stock of an even weightier investment: their home!
Are you amoung the 95 % of Canadians who are unaware of the market value of their home?
A Comparative Market Analysis done by a Real Estate Professional can bring you up to speed. As the name suggests, a CMA compares your house with similar one's on the market in you neighbourhood during a specified time period.
This data, combined with upgrades, will give you an accurate picture of of what your home is worth. Remember however, your personalized CMA is a "snapshot" captured in time, and the estate market constantly fluctuates, therefore it's a good idea to have one done annually.
The CMA is the only market based means of measuring value. When buying, selling or refinancing, a CMA is essential in setting price and choosing advantageous timing.
Still there are numerous other reasons to run a CMA - to gain a realistic picuture of your net worth, or to leverage your equity, or obtain adequte insurance.
Speak to your Real Estate Professional today.