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Is Now A Good Time to Sell a Family Home in Waterdown?

Tuesday May 24, 2022

Selling

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Waterdown is quickly becoming a very desirable area to live in, especially for families with young children. Why? It isn’t just because of the scenic views that go along with being so close to the Niagara escarpment. Families have many fun activities to enjoy together, going on hikes, cycling through the escarpment trails and exploring nature through all seasons. 

Not to mention the many parks, sports opportunities and children’s programming at public libraries and recreational centres. And who can forget the skating loop that opened in 2016 at Waterdown Memorial Park? This one-of-a-kind loop draws thousands of visitors every winter. During the warmer months, you can see people tearing up the loop with their inline skates! 


Thinking of selling your home in the next few months? Here are some other posts you may find helpful:


The word is out about Waterdown, and we can expect many new families to take up residence here, especially as housing prices continue to soar in Toronto and the GTA.

What does this mean for you if you currently own a home in Waterdown? The increased demand for family homes and the current real estate conditions make it an ideal time to sell.

What’s Happening With Waterdown the Real Estate Market?

The cost of housing has increased dramatically all over the country, and Waterdown is no different. A few years ago, this was considered one of the more affordable regions in the GTA. However, recent MLS® stats show that the average price for a four-bedroom detached house in Waterdown stands at $1.3 million. A three-bedroom townhouse averages out at $966,000.

For residents in the Hamilton area, this price is steep. However, for those flocking in from Toronto, Mississauga and Oakville, it is very affordable. 

Will these conditions last?

Try as they may, no one can reliably predict what will happen in the real estate market. However, all signs currently point to a slight cooling since February. We may even be heading into a more balanced market in the months ahead. Selling now will help you capitalize on unprecedented home prices and earn a maximum return on your investment. These earnings will help fund your next stage in life. 

How To Make The Most of Your Sale

Selling your house is a significant life event. It can be emotional and stressful mixed in with the thrill of a new adventure. The best way to empower that next step is by maximizing your sale. The proceeds from your house can fund your next purchase or provide an income stream to supplement your retirement. The more you get, the more comfortable your financial future will be.

How can you get the best results?

Start by researching the market in your neighbourhood. Have any homes have sold recently? Knowing the history of prices in your area will give you an idea of how much you’re likely to get for your own property.

Before listing your house for sale, you want to know how much it’s currently worth. The best way to do that is with a free home evaluation, which you can book here.

The next step is to take a look at some of the ways you can increase the perceived value of your house. It always starts with scrubbing from top to bottom and getting rid of excess clutter. 

This simple step often gets overlooked, yet can help to create an unforgettable first impression on a buyer.

Once your house is thoroughly clean, you might consider doing some minor upgrades and improvements. The key is to find the updates that will add significant value but won’t cost a fortune to implement.

How a Local Real Estate Agent Can Help

Selling your home can feel overwhelming, but it’s important to know that you don’t have to do it alone. A professional real estate agent is likely to help you earn far more than you would have on your own. In addition, they’ll take most or all of the burden off your shoulders. How?

  • By guiding you through what renovations you should invest in and what you should leave alone. Your agent may even have a trusted team that will do all of the work for you.
  • Staging, photographing and marketing your home effectively. If buyers don’t know about your home, you can’t make the most of your sale. A good agent knows how to use online marketing, social media and print advertising to drive maximum attention to your listing.
  • Showing your home and negotiating with potential buyers. Selling a home can be more time-consuming than a lot of people think. You have to work around the buyer’s schedule and often have to be available for a showing at a moment’s notice. High-level sales and negotiation skills are also needed to bring the transaction to a successful close.

With a professional real estate agent on your team, you don’t have to worry about any of that. Your biggest job is to decide what to keep and what to donate and plan out your next steps after your house closes!

Can a local agent really help you sell for more money? Find out here.

The Best Time To Sell is the Right Time For You

The market conditions are perfect for anyone who wants to sell a home in Waterdown right now. The only question is whether you’re ready to take the next step in your journey.

Ready to sell your Waterdown home? We are happy to answer any questions about your next steps. Book a free, no-obligation meeting with us here.

 

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