Listing Your Home At The Right Price Affects Your Bottom Line
What is your home worth? Click here for a free online home evaluation.
When you are selling your home, the price you set is a critical factor in the return you will receive. That is why you need a professional evaluation from an experienced Realtor that is well educated about your area of Kamloops. This person can provide you with an honest assessment of your home based on several factors including:
* Current market conditions
* Condition of your home
* Repairs or improvements
* Time frame
In real estate terms, market value is the price at which a particular house, in its current condition, will sell for within 30 to 90 days. Today, in Kamloops real estate market, we are finding that homes are taking longer to sell, on average roughly 70 days for a well priced home. This is why it is important to price your home competitively as well as ensure it is in the best condition to show to buyers as possible.
If the price of your home is too high several things could happen:
* Limits buyers: Potential buyers may not view your home only because it would be out of their buying range.
* Limits showings: Other Realtors and buyers may be less reluctant to view your home.
* Used as leverage: Other Realtors may use this home to sell against homes that are better priced.
* Extended stay on the market: When a home is on the market too long, it may be perceived as defective. Buyers may wonder, “what is wrong,” or “why has not this sold?”
* Lower price: An overpriced home, still on the market beyond the average selling time, could lead a lower selling price. To sell it, you will have to reduce the price, sometimes, several times. In the end, you will probably get less than if it had been properly priced at the start.
* Wasted time and energy: A bank appraisal is most often required to finance a home.
It is a well known fact that well-kept homes, properly priced in the beginning, always get you a quicker sale for the best price. In a buyers market, like we are experiencing currently, often you need a professional to assist you in the sale of your home.
Contact us anytime to arrange for a home evaluation or to ask any questions!
Paul and Pinantan Lakes are beautiful lakes just outside of the Kamloops city. Paul Lake is 20 minutes (roughly 21 kilometers) north east of Kamloops and Pinantan is 25 minutes north east (26 Kilometers), just past Paul Lake.
tennis and unlimited RV parking. 
Pinantan Lake, named this because it means ‘shoe’ or ‘moccasin’ in traditional Aboriginal language. This name given because of it’s shape is much like a moccasin. Pinantan has a general store, a resort, an elementary school, and about 500 residents. The lake itself is two parts, Big Pinantan and Little Pinantan. The lake itself is 68 hectares in size, with a mean depth of 10.6 meters and max. 18.5 meters. Unlike Paul Lake, Pinantan properties are freehold properties not leased land. There are a number of boat launches at Pinantan Lake. Only electric powered boats are allowed on the lake. Fishing (rainbow trout average 1 lb) and swimming are permitted in Pinantan lake. There are also hiking 
Pinantan 878 metres. Both lakes offer the opportunity to live rurally with convenience of a short commute to the city of Kamloops.
The district of Logan Lake is located in the Highland Valley between the City of Kamloops, the city of Merrit and the village of Ashcroft. Logan lake originally was a mining town set up in the early 1970’s. It was set up to support the expanding copper mine development, Highland Valley Copper, located 15 kilometres west. Logan Lake developed into more than just a mining town over the following decades and became a beautiful rural community boasting a population of over 2300. Mining is still the main industry in Logan Lake. Highland Copper has the largest open pit copper mine on the North American continent.
