How To Price Your Home The Right Way

There are 2 common ways of pricing homes for selling. The first one is CMA or Comparable Market Analysis, and the second is Rebuild Cost.

Most agents use CMA to compare the houses in the market and see how they are doing. The Rebuild Cost is computing the amount it costs to rebuild the house.

But there is a better approach to price your home the right way, and there are 3 factors involved in doing it.

1. Understand Your Current Market

The best way to look at this is to find the micro-market for your home style and get a lot of data about it.

Don’t just look at a community and see the stats as a whole. Ask your agent to niche down the data for houses with the same style and specifications as your home.

2. Using a Lot of Data

As a brokerage, we use a scattergram to visually present data to our clients. We pull 1000 days back worth of information and compile it to help sellers understand where the current market is at.

Looking at that much data in a micro-niche type of market will help you understand your home’s current pricing.

3. Use a Program Called Homebeat

Homebeat provides information to help you and your agent to watch the market. With Homebeat, you can see stats per period like a month, six months or 12 months so you can have a pulse on the market while you're preparing to sell your home.

Even if you have an agent to help you, you need to have at least a general idea of what the market is doing.

Email us at info@chamberlaingroup.ca, and we will help you set up a Homebeat for your home. This will give you the stats, sales, actives, and the sense of what is happening in the market before saying here's what my house is worth.

If you have questions about these 3 critical factors or need our help in preparing your home to sell, give us a call at 587-316-5400 or email us at info@chamberlaingroup.ca. Our team is here to help you however we can.

Cochrane Homes For Sale

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$6,600,000 42085 River Heights Lane

Cochrane 0 Beds 0 Baths 0 SqFt Land MLS® # A2185945

Century 21 Masters

$2,535,000 255 Rockland Avenue

Cochrane 0 Beds 0 Baths 0 SqFt Land MLS® # A2298995

Royal LePage Benchmark

$1,595,000 191 Sunterra Ridge Place

Cochrane 3 Beds 4 Baths 2,139 SqFt Residential MLS® # A2349168

eXp Realty

Open House

$1,385,000 52 West Mitford Crescent

Cochrane 7 Beds 5 Baths 2,346 SqFt Residential MLS® # A2350443

Honestdoor Inc.

$1,299,900 38 West Mitford Crescent

Cochrane 4 Beds 4 Baths 2,506 SqFt Residential MLS® # A2351177

Royal LePage Mission Real Estate

$1,275,000 ↓ $25,000 14 Riverside Place

Cochrane 4 Beds 4 Baths 1,830 SqFt Residential MLS® # A2347492

eXp Realty

$1,199,900 13 Sunvalley View

Cochrane 4 Beds 3 Baths 1,712 SqFt Residential MLS® # A2350825

Rimrock Real Estate

$1,195,000 ↓ $55,000 79 Sundown Way

Cochrane 4 Beds 4 Baths 2,757 SqFt Residential MLS® # A2335897

First Place Realty

$1,195,000 128 Ridge View Close

Cochrane 4 Beds 4 Baths 2,705 SqFt Residential MLS® # A2342102

Century 21 Bravo Realty

New Open House

$1,192,000 10 Heritage Close

Cochrane 3 Beds 4 Baths 2,868 SqFt Residential MLS® # A2351201

Royal LePage Benchmark

$1,165,000 190 Riviera View

Cochrane 3 Beds 3 Baths 2,495 SqFt Residential MLS® # A2333658

REMAX Innovations

$1,149,000 310 Gleneagles View

Cochrane 4 Beds 4 Baths 1,687 SqFt Residential MLS® # A2341943

Real Broker

$1,049,900 27 Ridge View Place

Cochrane 4 Beds 3 Baths 1,724 SqFt Residential MLS® # A2351104

RE/MAX House of Real Estate

New

$1,006,048 80 Heritage Ridge

Cochrane 4 Beds 3 Baths 2,527 SqFt Residential MLS® # A2352450

Bode Platform Inc.

New Open House

$999,900 118 Gleneagles View

Cochrane 3 Beds 3 Baths 1,499 SqFt Residential MLS® # A2351712

CIR Realty

Open House

$999,800 ↓ $30,200 321 Gleneagles View

Cochrane 4 Beds 3 Baths 1,776 SqFt Residential MLS® # A2334747

The Real Estate District

$989,000 12 Stellar Crescent

Cochrane 4 Beds 4 Baths 2,533 SqFt Residential MLS® # A2339937

URBAN-REALTY.ca

$985,000 14 Riviera View

Cochrane 3 Beds 4 Baths 2,196 SqFt Residential MLS® # A2338050

CIR Realty

$949,900 ↓ $25,100 247 Precedence Hill

Cochrane 4 Beds 3 Baths 2,621 SqFt Residential MLS® # A2345395

eXp Realty

$949,900 463 Rivercrest View

Cochrane 5 Beds 4 Baths 2,760 SqFt Residential MLS® # A2346452

RE/MAX First

$949,000 ↓ $50,999 220 First Street E

Cochrane 4 Beds 1 Bath 1,274 SqFt Residential MLS® # A2279789

First Place Realty

$949,000 ↓ $20,000 31 Sunset Point

Cochrane 4 Beds 4 Baths 2,589 SqFt Residential MLS® # A2318833

MaxWell Canyon Creek

Open House

$939,000 132 Heritage Ridge

Cochrane 3 Beds 3 Baths 2,344 SqFt Residential MLS® # A2335047

eXp Realty

$929,900 ↓ $19,000 112 Sunrise Heath

Cochrane 4 Beds 4 Baths 2,363 SqFt Residential MLS® # A2331914

Real Broker

$929,000 ↓ $10,000 25 Heritage Park

Cochrane 5 Beds 4 Baths 2,471 SqFt Residential MLS® # A2345343

URBAN-REALTY.ca

$900,000 14 Ridge View Place

Cochrane 4 Beds 3 Baths 1,684 SqFt Residential MLS® # A2349467

LPT Realty

$899,900 ↓ $99 16 Sunvalley View

Cochrane 3 Beds 3 Baths 2,655 SqFt Residential MLS® # A2294799

eXp Realty

$899,900 ↓ $29,000 116 Sunrise Heath

Cochrane 3 Beds 3 Baths 2,298 SqFt Residential MLS® # A2331927

Real Broker

$899,900 86 Heritage View

Cochrane 4 Beds 4 Baths 2,395 SqFt Residential MLS® # A2350584

Evolve Realty

$890,000 ↓ $59,000 138 Gleneagles View

Cochrane 5 Beds 3 Baths 1,592 SqFt Residential MLS® # A2342624

REMAX Innovations

$890,000 29 Heritage Park

Cochrane 3 Beds 4 Baths 2,482 SqFt Residential MLS® # A2345022

URBAN-REALTY.ca

New

$890,000 37 Heritage Park

Cochrane 3 Beds 4 Baths 2,481 SqFt Residential MLS® # A2350467

URBAN-REALTY.ca

$889,900 27 Sundown Way

Cochrane 3 Beds 4 Baths 2,511 SqFt Residential MLS® # A2335679

CIR Realty

$889,000 87 Sundown Crescent

Cochrane 5 Beds 4 Baths 2,420 SqFt Residential MLS® # A2338290

eXp Realty

$885,000 407 Rivercrest Road

Cochrane 5 Beds 4 Baths 2,974 SqFt Residential MLS® # A2312679

eXp Realty

$884,900 ↓ $15,000 32 Heritage Ridge

Cochrane 3 Beds 3 Baths 2,284 SqFt Residential MLS® # A2329420

MaxWell Central

$879,900 503 Rivercrest View

Cochrane 4 Beds 4 Baths 2,761 SqFt Residential MLS® # A2346116

RE/MAX First

$879,000 ↓ $16,000 27 Jumping Pound Terrace

Cochrane 5 Beds 4 Baths 2,536 SqFt Residential MLS® # A2329766

CIR Realty

New Open House

$875,000 1 Riviera Point

Cochrane 3 Beds 4 Baths 2,254 SqFt Residential MLS® # A2350939

CIR Realty

$874,900 ↓ $5,000 28 Heritage Ridge

Cochrane 3 Beds 3 Baths 2,152 SqFt Residential MLS® # A2340291

MaxWell Central

$870,000 ↓ $28,888 31 Gleneagles Terrace

Cochrane 4 Beds 4 Baths 2,525 SqFt Residential MLS® # A2334182

CIR Realty

$869,900 ↓ $15,000 42 Gleneagles Terrace

Cochrane 5 Beds 4 Baths 2,270 SqFt Residential MLS® # A2311053

Royal LePage Benchmark

New Open House

$850,000 70 Riverview Circle

Cochrane 2 Beds 2 Baths 1,452 SqFt Residential MLS® # A2352769

CIR Realty

$849,900 4 Sunset Square

Cochrane 5 Beds 3 Baths 2,569 SqFt Residential MLS® # A2341551

Avenue Home Realty Inc.

New

$849,900 249 Chinook Drive

Cochrane 4 Beds 3 Baths 2,012 SqFt Residential MLS® # A2351199

CIR Realty

$849,000 124 Heritage Boulevard

Cochrane 4 Beds 4 Baths 2,225 SqFt Residential MLS® # A2338531

LPT Realty

$839,900 139 Sundown Crescent

Cochrane 3 Beds 3 Baths 2,277 SqFt Residential MLS® # A2319105

eXp Realty

$839,900 141 Vantage Drive

Cochrane 5 Beds 4 Baths 2,274 SqFt Residential MLS® # A2347039

eXp Realty

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