On its own, selling a home is no small process. Add in some of the unique intricacies that come with real estate in Kawartha Lakes (and surrounding communities) and there’s a lot to go over. So, even if you’ve done it before, it’s worth having a refresher on selling your home in today’s market.

As long-serving real estate agents who live and work out here, we’d like to share five big pointers about selling a home that you need to know.

1. It’s Not Your Ordinary Market

One of the elements that make a Kawartha Lakes home sale more complex compared to some other areas is the housing market. Real estate in Kawartha Lakes is super diverse. In this neck of the woods, you’ll find many different types of homes and properties, each appealing to a particular type of buyer – not to mention a wide range of unique communities too.

Need more tips on selling a home? Check out these other blog posts next!

• Is Now a Good Time to Sell My House?
• How to Price a Home to Sell
• Do I Need to Make Property Upgrades Before I Sell?

2. Buyers Are Different Out Here

Understanding your buying audience is helpful in any home sale, but it’s extra important in a market where demographics are constantly changing and evolving. Today, Kawartha Lakes is one of the fastest-growing communities in all of Ontario. This is partially due to a new wave of inspired relocators arriving in recent years.

As a seller, this momentum can be to your benefit. By tailoring your home and listing plan to suit the tastes of both local buyers and relocators, you can maximize interest. Which in turn, can help you maximize your returns.

3. You Won’t Want to List As-Is

Maximizing the results of your home sale requires proper planning. In other words, you probably won’t be listing your home as-is – unless you’re comfortable with potentially leaving thousands of dollars on the table.

With that in mind, getting your home market-ready can be somewhat intricate. There’s a lot more that goes into it than just snapping a few pictures and putting a ‘for sale’ sign in the front yard.

A good place to start is with decluttering. This means removing some excess stuff that makes your home feel crowded, think oversized furniture, (too)-personal items, and unnecessary or outdated decorations.

After your home is decluttered, consider any tackling repairs that need to be done or small home improvement projects that can help your home fetch a higher price on the market. While this step can be time-consuming depending on the extent of the work needed, it’s usually worth it.

4. What’s Happening in the Market Today?

After working on your own home and selling approach, you’ll want to turn your attention to the market. Depending on current trends and conditions, you may need to adjust your strategy or expectations.

Here’s the thing, understanding the market isn’t as simple as saying “it’s better to be a buyer” or “it’s a seller’s market”. In most markets (including ours), the supply of available homes is always changing – as is the amount of people who are looking to buy. So, market conditions will always be shifting.

On top of that, market trends can change based on even the tiniest of details from location to home type and everything in between. In other words, it’s important to be flexible.

At the end of the day, what’s going on in the market is out of your control. However, there are plenty of factors within your control. Once again, working with an experienced locally-knowledgeable real estate agent is super important in finding success – whatever the market looks like.

Want to become a real estate expert? Check out these other advice-packed blogs next.

• What Makes a Buyer’s or Seller’s Market?
• Why Agent Experience Matters
• How Long Does it Take to Get a House Ready For Sale?

5. You Also Have to be a Smart Buyer

On paper, buying and selling are two totally different processes – and that’s true. However, they’re not so separate that you should compartmentalize them completely. In order to figure out the best way to proceed with selling, you’ll need to spend some time thinking about where you want to live next.

Maybe you’re selling because you need a bigger home for your family. Maybe your kids have moved out and now you have too much space. Whatever your current situation may be, it’s important to be clear on why you’re moving in the first place, when you’d like to do it, and what kind of home you want to buy next.

Using these insights, you (along with the help of your agent) can put together an informed plan for your sale.

Selling Your Kawartha Lakes Home?

As a real estate team with more than 180 years of combined experience, we know a thing or two about selling homes in Kawartha Lakes. Across three generations, we’ve sold every type of property in every market condition since the ‘70s. We have the experience, insights, and connections to make your real estate dreams a reality. Beyond our results-boosting selling strategies, it’s our goal to make the process as smooth and stress-free as possible.

Selling (or buying) in Durham Region or Kawartha Lakes? We’re here for you. Call 905-985-7300 to reach our team or click here to send us an email.

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