Have you been looking around your neighbourhod and seeing ‘SOLD’ signs going up recently? Maybe that has you thinking to yourself, ‘should we sell our house right now?’

There are good reasons why NOW is the right time to sell your house…here’s 4 of them:

Limited inventory: The number of houses for sale continues to decrease in Red Deer. With less and less homes on the market, it’s make it very challenging for both buyers and sellers. The number of homes listed has continually reduced EVERY year for the past 4 years in Red Deer, despite the number of sold homes steadily increasing over the same time frame.

Pre-approved buyers: We all watched interest rates rise during 2022 and 2023 and no one really knows what will happen in 2024. People who have plans to buy a home this year likely got pre-approved last year and have rate holds in place that will be expiring in the near future. They want to buy a new home before there pre-approval expires which means if you list your house, it’s likely to get attention fast…as long as it’s priced right, shows well and has been well maintained.

Potential for multiple offers: What’s better than one offer? TWO!!! Given the combination of limited inventory and pre-approved buyers, there’s potential your home could end up getting multiple offers. This benefits the seller, because it usually means a higher sale price.  Fun fact, there were 1,844 homes sold in Red Deer in 2023, down 7% from 2022. Many of the homes that sold last year had multiple offers, could yours be the next one?

Pay off debt, go on a trip, upgrade your home: The average sale price of homes in Red Deer in 2023 was $337,445. Depending on what you owe on your mortgage, the sale of your home could mean money in your pocket. Money you can use to pay off that Christmas debt, go on a vacation…or put towards upgrading your home. When you sell your home, you’ll be able to decide what you do with the money. The choice is yours.

There’s lots of buyers out there, but there isn’t a lot of homes for sale. Your home could be the exact home someone is looking for! But the only way you’ll ever find out is to list it. We’d love to help make that happen for you and help you write the next chapter in your story.

We review market insights, past sales and current listings to develop a strong plan to help you sell your home at the right price.

The right time to sell, is the right time for you and your family. If that time is now, let's talk about how we can help make that happen. We'd love to answer your questions and walk alongside you. 

Have an amaZing day!

People First. Homes Second.

Garrett Zimmerman

Realtor

403.506.5795