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Property Valuation
Welcome > For Sellers > Property Valuation ...

 

Thinking of selling?

If you are considering selling your home, the most important thing to know is how much your house is worth. Home buyers are always trying to get the lowest price possible and you must know that your home is priced according to market value so you can be confident that you will sell your home for what it is worth.

Your Comparitive Market Analysis

Letting me do a quick Comparative Market Analysis (CMA) for you is the perfect way to find out what your home is worth. I will research area homes that have sold within the last six months as well as homes currently on the market, in order to evaluate the real estate market in your neighborhood.  Comparing your house to similar, recently sold houses is the best way to determine your home's market value.  It is difficult to compare a tri-level home to a single-story home or a condo to a 200 acre farm. Listings can also vary greatly from neighborhood to neighborhood. I search for recently sold homes that closely match your home's profile in order to ensure I make an informed assessment of your property's worth.

Making sure the price is right

By far one of the worst mistakes a seller can make is to hang the wrong price tag on their home. Price it too high, and buyers won't look at it. Priced too low, a seller is giving away value. Pricing a home is both a science and an art. The Comparative Market Aanalysis is just one important piece in the puzzle. I also take into consideration market movement, demand and supply and the home's location and condition when I calculate asking price. As a top Realtor I can give you a free estimate of what your home is worth and your best listing price in today's market.

No Strings Attached

If you list your house with us I am confident that my expertise will give you an edge. I have spent years analyzing the Keswick, Sutton and Georgina market and preparing CMAs for clients. This is a completely free service that I am happy to provide. Give me the chance to prove how successfully I can work for you by providing me with some basic information on your home, and I will promptly get back to you.

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Real Estate Tips
Tax Considerations >Tax Deductions

Here is a question which is often asked about real estate sales: which home loan fees are deductible for income tax purposes? It is good to know the answer to this question before you sign on the dotted line. It may influence which loan you will choose. Loan fees for certain services are not itemized on your fee statement, but are grouped together into a single category.

The most obvious deductible fee is the loan fee paid to acquire a mortgage for a principal residence. The IRS recently ruled that the buyer could deduct the fee in the first year, even if the seller paid it! Other deductions include pro-rated property taxes and mortgage interest. On these items, the buyer may only deduct their share.

Most of the other closing costs are not deductible, but you may add them to your home's adjusted cost basis when calculating appreciation. Among these costs are appraisal, attorney, and inspection fees, as well as title, recording and notary fees. Fire insurance fees are neither deductible nor do they figure into the cost basis. If you are not sure which fees are deductible, consult a professional tax advisor.

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Real Estate Trivia
Q 
Upon completion this year, what will be the tallest residential building south of New York and east of Chicago?

A 
Located in Biscayne Bay, Florida, the $120 million, 51-floor luxury condominium will be called The Santa Maria.
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Team Peroff, REALTOR®, real estate agents and broker for Keswick, Sutton and Georgina Ontario home listings, property and land for sale - NUMBER1EXPERT(tm)

Steve Peroff - Sales Representative
Keller Williams Realty Centres

21 Metro Rd. S.
Keswick L4P 1V7
Direct line: 905-476-3131
Toll Free: 1-877-895-5972
Direct Fax: 905-476-7242
Email: info@realestatekeswick.com

Steve is a full-time Real Estate professional and a full-time resident of Keswick. Born and raised in Toronto, he was educated at Ryerson Polytechnical Institute in Business Administration and for many years in the school of "hard knocks" in Toronto's theatre community. As a Theatre Administrator, Steve had the fortunate opportunity of working with many high profile companies, entertainers and related service industries. It is through these experiences that Steve has created a successful real estate business. He credits a strong organizational background, marketing and advertising acumen and strong interpersonal skills with helping him attain the stature of Georgina's #1 Sales Representative (Toronto Real Estate Board 2010 MLS statistics).

MLS REALTOR SRES


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