How Does A Real Estate Agent In Cornwall Determine The Value Of My Home?
Real estate agents in Cornwall & Eastern Ontario use a variety of methods to help determine the value of your home. They will often start with an evaluation, where they will analyze your property’s market value based on comparable sales, current listings and other factors, taking into account the size, age, location and other influential characteristics of the property. They will also inspect your home to assess its condition and consider any upgrades or renovations that have been made, which may increase their assessment of your home’s value. They will then use this information to establish a fair market value for your home. DOES THE MUNICIPALITY’S VALUE OF YOUR HOME USUALLY MATCH A REAL ESTATE AGENT’S VALUATION? The municipal value is based on an assessment of the property tax that you pay which does not match the current market value. Typically in Cornwall & Eastern Ontario , the municipal assessed value is much lower. On the other hand, a real estate agent takes