Selling a home can be a very challenging endeavor, and it often requires a great deal of time, effort, and patience in order to achieve your goals. For the majority of home sellers, selling fast and getting top dollar for the home are the two primary goals that are shared. To accomplish these goals, it is important to have assistance from the right realtors who are willing to help you through every step of the process, including determining an accurate estimation of your home’s current market value.

When you work with The MEandANG Team at Your Home Sold Guaranteed Realty Specialists, we do everything we can to ensure that your home value is as accurate as possible. We know that this information will be used to price your home for sale, and that asking price can be the main reason you get lots of interest from home buyers or none at all. Our realtors work diligently to help you with your home selling experience and make it as easy and stress-free as possible. 

We do this by using the latest technology and up-to-date data to determine your home’s current market value. With us on your side, you can rest assured that your estimate is accurate and the listing price you use will be fair and profitable for you. 

An Accurate Home Valuation Is Essential in the Home Selling Process

As we said, an accurate home valuation is an essential part of the home selling process because it will be the easiest way for you to determine a reasonable and profitable asking price. Remember, a home buyer will check out the asking price first because it is a top priority in their home buying process. It will be your home’s first impression on potential buyers, so it must be a great one!

Without the accurate home valuation, you may end up pricing your home too high or too low, and this can turn home buyers away. The less interest you get from potential home buyers, the longer your home may sit on the market and lose profit. If you carefully calculate your asking price using the current real estate market and factors related to your home, you can rest assured that you will get inquiries from interested buyers. 

Having a professional home valuation completed will ensure that your house is listed at the best price for the current market. Don’t rely on the price you originally paid for it! Home buyers are going to use comparable homes in the same area to determine if your house is priced appropriately. If yours is too far outside of the reasonable range, they will continue looking. And that is why it is so critical to have a price that reflects the current market value.

Inside Information about HouseSigma Home Values in Toronto 

HouseSigma is a convenient way for home buyers and home sellers to get into the real estate industry. For home sellers, HouseSigma offers a tool, a proprietary tool that provides homeowners with a way to estimate the value of their homes by utilizing publicly available and user-submitted data to make its value determinations. 

With HouseSigma home values in Toronto, you can decide if now seems like the right time to sell your home and have great starting points for your home selling journey. However, these should not ultimately be the only tool you use, especially for determining your asking price for your home listing.

How Are HouseSigma Home Values in Toronto Determined?

If you are wondering how HouseSigma home values in Toronto are determined, we are here to explain. Essentially, the algorithm that HouseSigma uses takes all of the homes located within a certain zip code, bundles them together, and then averages them out given certain parameters such as single-family homes with approximately 2,000 square feet and 3 bedrooms. That average is the value HouseSigma gives for a home that meets those criteria. 

Be warned! HouseSigma home values in Toronto do not factor in specifics for your individual home which could raise or lower the value. Factors such as home improvements or upgrades that have been made, renovations or additions, neighborhood turnovers (high selling neighborhoods have more recent data to incorporate into the algorithm), or the conditions of the neighborhood itself are not considered. 

Only a trained, local realtor can account for these factors and ensure that your home valuation is accurate and truly reflects the current market worth of your house.

What Is the Accuracy Level of HouseSigma Home Values in Toronto?

HouseSigma home values in Toronto can be an excellent first step in your home selling journey. However, because they are not as accurate as you would expect or hope them to be, they should not be your one and only step. HouseSigma home values in Toronto rely on comparable homes which have been recently sold and do not even consider potential price surges that have happened. This forms a less accurate picture.

HouseSigma, in its own FAQ page, states that the “median error rate for on-market homes nationwide is 3.2%” and the error rate for off-market homes is 7.52%. Sure, these percentages may seem small, but they have the potential to add up to major losses in the real estate market unless you confirm the estimate from HouseSigma with a realtor.

Get the Most Accurate Home Valuation from Expert Realtors

When you are looking for the most accurate home valuation for your property, it is essential that you do not rely solely on the figure given to you through the HouseSigma home values in Toronto. With The MEandANG Team at Your Home Sold Guaranteed Realty Specialists, we highly recommend that you enlist the expert help of a skilled realtor to ensure that important factors are considered in the estimate of your home’s worth.

We work diligently to provide you with the most accurate information about the value of your home in Toronto by incorporating those specific aspects of your house and neighbourhood into the estimate. We are all local, so we understand the area and can use factors that HouseSigma simply does not have access to with the basic algorithm.

When you work with us, you will be kept well-aware and informed of everything we are doing. We will happily show you the data we have collected and used in the home valuation process, and we will work with you directly to determine the most reasonable and profitable asking price for your home.

Be Sure Your Asking Price Is Based on an Accurate Home Valuation in Toronto 

Have you made the decision to sell your home but need to know if the HouseSigma home values in Toronto are accurate? Contact our team with The MEandANG Team at Your Home Sold Guaranteed Realty Specialists to find out more about the HouseSigma estimate and to get the most accurate picture of your home’s true market value right now. With our valuations, you can set your listing price and expect to get interest from home buyers.

We would love to speak with you about your home selling journey, so give us a call at (905) 503-7653 or fill out the form below with the requested information to get a detailed response from one of our realtors. With our team on your side, we guarantee you have the most accurate home value information and that you get the best possible home selling experience. Contact us today!

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