How to know a house sold in Montreal?
There is one easy way to find out, ask your local realtor. A realtor has in their database all the information of active, sold and expired listings.We can search specific dates, streets, and features for any type of property that is residential.
Keeping an eye on the solds in an area will keep you abreast of the real current real estate market. If you are planning on selling your home this type of information is crucial. Most vendors that I meet already have a price in their mind of what they want to sell their home for. They usually base it on what they have seen active on the market. This information might help you understand that when you do put your property on the market, where you stand, it doesn’t however give you a good indication of what someone is willing to pay for your home.
Understanding the ratio of active and sold can make you more money when it comes time to selling your home. What I mean by this is that statistics show that if your property is overpriced when you first list it, you will miss the high time of your selling bubble and your home will stay on the market longer and end up selling for less then if you listed it at the beginning at a comparable price.
Ask you realtor for a comparable list of homes sold in your neighbourhood before you make up your mind of how much you want to sell your home for.
