Pricing Your Home Strategically

The Comparative Market Analysis

Pricing a home is a craft. I prepare a thorough analysis that examines:

  • Recent sales of comparable properties in your neighbourhood
  • Currently listed properties — your direct competition
  • Expired listings — homes that did not sell, and what went wrong
  • Market trends and average days on market
  • Your home's unique features, upgrades, condition, and location

The goal is to arrive at a price that creates buyer interest while maximizing your return. I do not guess. I use data.

Pricing Strategies

There are several approaches and the right one depends on your goals and market conditions:

  • Market value pricing: Listing at fair market value based on comparable sales. Reliable, data-driven, and the approach I use most often.
  • Strategic underpricing: Listing slightly below market value to generate competition and multiple offers. This works in strong markets but needs to be executed carefully.
  • Aspirational pricing: Listing above market value to test demand. This can work for truly unique properties, but in most cases it leads to longer days on market and eventual price reductions.

I will recommend a strategy based on your property, your neighbourhood, and what the data is telling us right now.

What Drives Value in Vancouver

Buyers in this market are paying close attention to:

  • Transit proximity — homes near SkyTrain stations consistently outperform
  • School catchments — top-rated schools directly impact demand
  • Lot size and zoning — development potential adds significant value
  • Condition and updates — modern kitchens, bathrooms, and systems command premiums
  • Views — mountain, water, or city views are always in demand
  • Upcoming developments — the Oakridge Park redevelopment is raising values across surrounding neighbourhoods

I will walk through what specifically drives value for your property and how we can position it effectively.

AK

Aparna's Insight

Overpricing is the most common mistake sellers make. A home that sits on the market develops a stigma — buyers start wondering what is wrong with it. I would rather price it right from day one, create urgency, and let the market compete for your property.

Have Questions About This Step?

I'm here to help. Send me a message and I'll get back to you within 24 hours.