Connect With Us

Dashboard

Login using...

HOW TO SPOT AN EDMONTON HOME THAT IS BELOW ITS VALUE

Edmonton Homes For Sale MLS Listings

There are times when an Edmonton property is bought below current real estate value. This might happen because a seller didn’t heed the call of his/her agent and with that comes an opening for individuals who had been dreaming of owning an Edmonton house of their own.

Is there an Edmonton home available to be purchased in a decent neighborhood but for reasons unknown isn't selling? This is the Edmonton home you need to examine. In particular, here are some indications to watch out for.

Furniture Mania

For most people, they don't purchase furniture to enhance the outcome of an open house. In some cases, a seller may have a ton of furniture in one room, which influences the space in making it look smaller to potential Edmonton home buyers.

When you go into an Edmonton house that appears to be swarmed with furniture, envision the rooms with less or little to no furniture. Know that a lot of potential Edmonton home buyers won't move beyond the feeling that the rooms are too small, and they're probably going to proceed onward to an Edmonton house that feels larger. Thus, this could give you the opportunity to negotiate with the seller.

Somber Rooms

Darkness can affect an Edmonton house value into becoming below real estate value from having black doors, heavy window coverings to slightly less artificial lighting around the Edmonton property.  For most buyers, this might be a turn-off especially if the interior looks very dull.

This is a flag that the Edmonton property could be in the below value zone. With just a little remodeling and adding more bulbs can make a world of difference when you acquire an Edmonton house of this disposition.

Too Personal

When potential buyers are dealt with family photographs, honors, trophies and other personal paraphernalia in an open house, the worst case scenario is that the individuals tend to not to see themselves living in the Edmonton house which leads them to look elsewhere.

A seller might not want to “depersonalize” in such that the seller is proud to display his/her personal belongings inside the Edmonton home. Most buyers might walk away but hold on for a little longer and picture yourself living inside the Edmonton home because this might be the deal of a lifetime.

Always envision yourself once you recognize that an Edmonton house is below value. It might not seem pretty for other buyers but the opportunity to make it better is always there. Once the Edmonton home is yours then start making the changes even if it’s small at first. With the right mindset, you can make your equity grow with your very own Edmonton house!

Come and follow the team on Twitter at @teamleadingedge. Make sure to subscribe to Team Leading Edge to get newsletters on the Edmonton Real Estate market.

Note: Remember, you can access all our available Homes For Sale in Edmonton through our Edmonton MLS Listings page.

Homes For Sale Edmonton

Edmonton Home Sellers

Edmonton First Time Home Buyers

#add-this#

Subscribe and get the daily news, updates and latest trends in Edmonton real estate.

Subscribe To Edmonton Real Estate Blog

Leave a Comment