FAIR MARKET VALUE

2013-ontario-foreclosure-trend
DETERMINING THE PURCHASE PRICE

How much should you pay for a home in the West Island, in Montreal is inevitably the big question if you are considering to purchase. The answer depends on a myriad of factors, which singly or combined, affect market pricing.

A Comparative Market Analysis of a property eliminates much of the guesswork involved in establishing a fair market value and purchase price. Through an analysis of similar properties recently sold in the area, Ron can determine the most viable price range that you should pay for any given property. He provides this service at no charge or obligation, because he understands your need to have qualified information to make your decision.

Some of these factors include:

  • Current Local Competition
  • Supply
  • Depreciation
  • Political Climate
  • Changing Demand
  • Inflation
  • Consumer Confidence
  • Employment Market
  • Changing Tastes
  • Most Recent Sales
  • Mortgage Rates
  • Cost Replacement Factor

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