Are you thinking about selling your home but unsure of the right asking price? Setting a competitive and profitable price is the single most important factor in a successful sale. At Kingsway Realty, we provide sellers with a complimentary, in-depth Comparative Market Analysis (CMA) to guide their decision-making and ensure they get the best possible return.
What is a Comparative Market Analysis (CMA)?
A Comparative Market Analysis, or CMA, is a detailed report that estimates your home’s current fair market value. Unlike an impersonal online “estimate,” our CMA is prepared by a local Kingsway Realty expert who understands the nuances of the local real estate market.
We don’t rely on guesswork. Our agents carefully analyze:
- Recently Sold “Comps”: We look at properties highly similar to yours—in terms of size, features, age, and condition—that have recently closed in your immediate neighborhood. This is the most accurate indicator of what buyers are actually paying right now.
- Active and Pending Listings: By looking at homes currently for sale (competition) and those under contract (current buyer demand), we get a real-time snapshot of the competitive landscape.
Property Specifics: We evaluate all the unique factors of your home, including lot size, square footage, the number of bedrooms and bathrooms, high-value upgrades (like a renovated kitchen or new roof), and location advantages.
How Does a CMA Help You, the Seller?
The Kingsway Realty Market Analysis is your essential tool for a faster, more profitable sale.
1. Pinpoint the Perfect Price
Pricing a home correctly from day one is critical. Overpricing causes a home to sit on the market, forcing eventual price reductions and making the property look stale to buyers. Underpricing leaves money on the table. Our CMA provides a realistic, data-backed price range, allowing you to choose a strategic listing price that attracts maximum buyer interest and leads to the highest possible sale price.
2. Gain Negotiation Power
Armed with detailed CMA data, you have the evidence needed to back up your asking price. When a buyer or their agent submits an offer, the analysis allows your Kingsway agent to intelligently counter-offer, justifying your price based on concrete recent sales data. This is a powerful tool for maintaining control during negotiations.
3. Identify High-Value Improvements
If the analysis reveals that similar, recently sold homes achieved a higher price due to a specific feature, the CMA can help you decide if a minor, high-ROI improvement—such as fresh paint or staging—is worthwhile before listing. It helps you focus your time and money on what truly drives value in your specific market.
More Experience for Marketing Your Home
Ready to partner with real estate professionals who combine local knowledge with exceptional results? Connect with a Kingsway Realty agent today and discover what it means to truly settle for more. Contact a Kingsway agent today to receive a free, no-obligation Comparative Market Analysis and set your home up for selling success from the very beginning.
Start Selling Your Home Today
Ready to sell your home? Our experienced agents are here to guide you every step of the way, from pricing and marketing to closing the deal. Get started today—connect with a Kingsway Realty expert and take the first step toward a successful sale!
We’ve Got Tools
Make informed decisions and navigate your buying and selling real estate journey with confidence by utilizing our selection of tools below:
