Pricing your home correctly is crucial when it comes to selling it in Durham, Canada. Pricing too high can lead to a lack of interest from buyers, while pricing too low can result in a lower selling price than what the property is worth. Here are some reasons why it's important to properly price your home:

Attracting Buyers: The right price can attract more buyers and generate more interest in your property. This can lead to multiple offers and ultimately a higher selling price.

Faster Sale: Pricing your home correctly can help it sell faster. Homes that are overpriced tend to sit on the market longer, which can be frustrating for sellers.

Appraisal Value: A home that is priced too high may not appraise at the agreed-upon price, which can lead to financing issues and even the loss of the sale.

Perception: A home that is priced too high can give the perception that the seller is not motivated to sell, leading to fewer offers and lower selling prices.

Market Trends: Proper pricing requires a deep understanding of the local market trends. By working with a knowledgeable agent, sellers can make informed decisions based on market data and analysis.

At Colleen Steffl Real Estate, we understand the importance of proper pricing in selling your home. Our experienced agents can help you navigate the complexities of the Durham real estate market to ensure your property is priced correctly from the start. Contact us today to learn more.



Colleen Steffl

Colleen started her sales career with an International News Agency in Europe selling Advertising. She has continued to rise early, dig deep, and built a solid sales career with 15 years dedicated to real estate sales. She has worked in all areas of real estate sales: buyers, sellers, investors, commercial, land development, and new construction.