Value for Money: How Homebuyers Are Shopping for Real Estate in Today's Market


✨ Value for Money. ✨

That's the secret sauce no matter what price range your home falls into.

And in this economy, we all need to be very realistic about how much value your home offers for the money you're asking.

Not to over-simplify, but here we are:
When more homes come on the market but there are fewer buyers, people begin shopping for a home like they shop for a box of cereal in the grocery store.

How much nutrition does this cereal offer? 
= How many of my 'must have' boxes does this home tick?

Is there another box of cereal that's larger and just as good for me for a better price? 
= Does the home down the street check the same or more boxes for less money?

If I buy this expensive cereal, am I going to be hungry again in 2 hours? 
= Is it worth it to buy this home now? Will it build equity? Will it serve my family's needs? Or should I wait until I find one that checks more of my boxes later?

All these boxes of cereal look yummy. I'm buying the one that looks the best, meets my nutritional needs, and will last the longest in my pantry for the best price. 
= All the homes in this neighbourhood look great. I'm buying the one that has the most space, checks as many of my 'must have' boxes as possible, and that I can live in for the longest period of time before I have to move...for the best price possible.