Also known as Canada’s flower city as it is home to acres of parkland, Brampton is Canada’s fastest-growing city where possibilities run wild. If that wasn’t enough, the province of Ontario has classified Brampton as a designated growth area, which means homes for sale in Brampton will be the paving ground for many urban expansion and development projects. This makes Brampton an impeccable choice for many home buyers in Canada every year; perhaps that is why this city sees the most sales in Ontario.
Combine this with the fact that the average selling price for a home or townhouse in Brampton was $1 million in January 2023 (as per Toronto Regional Real Estate Board), and you have got yourself the recipe for profit when selling your home in Brampton. So, if you are someone who is planning to move away from Brampton and is wondering what to do with their property, then putting your home for sale in Brampton for a small fortune is definitely not a bad idea.
That being said, there is a lot more to selling a property than merely listing it on any of the online platforms, especially if you are trying to make the most out of this sale. There are certain do’s, don’ts, and best practices that one must follow, and this blog from The Canadian Home is all about that.
1. START WITH A TIMELINE
First and foremost, when you’re selling a home in Brampton because you are moving to a new place, it is highly advised that you identify how much time you have on your hands. Your time is a factor in all the other decisions that will lead to the eventual sale. The timeline will dictate what kind of marketing strategies you will engage in, the kind of renovations you will be able to incorporate and most importantly, how, and when you will list your home for sale.
The steps you will take when you have 3 months at hand will be vastly different from what you will do if you had an entire year, so plan accordingly. If you are short on time, it would be wise to prioritise decluttering, staging, and getting in touch with a realtor.
2. PROFESSIONAL HOME INSPECTION
Once you have decided on a timeline, the next step is to get a home inspection done. Most home buyers know the value of a good home inspection, but it’s also worthwhile for a home seller. An in-depth examination of your home will reveal its weak spots, allowing you to devote your time and resources where they are needed most. This is due to the comprehensive nature of a standard Canadian house inspection, which covers everything from the structure’s foundation to the HVAC and plumbing systems. With the help of a comprehensive report detailing the house inspection’s findings and the inspector’s suggestions for fixing any issues found, homeowners can make informed decisions about the condition of their property and take necessary steps to maintain or improve its value and safety.
3. RENOVATIONS
According to a recent survey conducted by yours truly, The Canadian Home, renovated properties sold much faster than the ones that had none. After conducting thorough research and surveys, we arrived at the conclusion that the most important factor for a property selling faster than anything else was a good first impression, and it was very apparent that renovations were the best way to go about it.
As may be expected, even the best-builthomes for sale in Brampton can have a sour aftertaste if they are plagued by problems like a leaking roof, cracking walls, a few broken windows, and a kitchen stuck in the Stone Age. So, when a homeowner who has done their due diligence and identified the pain points of the property fixes the same with renovations and upgrades, they not only enhance the property’s functionality and aesthetics but also add value to their investment. This, in turn, can result in a more comfortable living experience and potentially higher resale value of your property in Brampton.
But in a country where home renovations can cost up to $15,000 at a bare minimum, how are you supposed to stay on a budget? That’s where we come in. The Canadian Home offers you up to $25,000 cash loan absolutely free of interest to give your house the makeover it deserves.
4. HOME VALUATION-SET THE RIGHT PRICE JUST RIGHT
Look at this from the perspective of a home buyer. Let’s say a home buyer finds a property on the MLS listing website which is priced at $1M. Upon checking the amenities offered by the property, they realise that the house is merely an old-fashioned townhouse up for sale in Brampton with no particular qualities to it. When they dig deeper, they realise that other homes for sale in the same neighbourhood offer the same amenities at a much lower price and properties on the same price tag offer much more. Do you think they will be willing to buy this property?
The answer is no, it’s not going to happen. In fact, this particular property will stay on the market for a very long time with little to no offers, and the price tag is directly responsible for this. That is why putting a price that is just right (not too high or low) is so important. The best way to go about it would be to survey similar properties in your neighbourhood and how much they are worth. Another way would be to use one of the many home valuation tools available online, like the one we have at The Canadian Home, which can help you determine a fair market value for your property for sale in Brampton based on factors such as its location, size, and condition. By setting a realistic and competitive price for your home, you can attract more potential buyers and increase the chances of a successful sale in a reasonable timeframe.
BONUS TIP: GET A REALTOR
If the above-mentioned points sound like too much work, especially if you are short on time then probably the best and the first thing you can do is to get a realtor. A realtor would prove to be your one-stop shop when selling your property for top dollar. They can get it listed, arrange a home inspection, formulate the best marketing strategy and help you price the property right on the mark to get the most offers. By hiring a realtor, you won’t even have to be there for most of the processes. They will handle everything from showings to negotiations with potential buyers on your behalf. Additionally, they have access to a wide network of potential buyers and can leverage their expertise to ensure a smooth and successful sale. So, if you want to sell your property in Bramptonquickly and for the best possible price, hiring a reputable and experienced realtor is a wise decision.