Using Neighbourhood Data to Help Sell Your Home

January 15, 2021

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Your neighbourhood has a lot of features that can help you sell your home faster. Unfortunately, buyers don’t usually notice those features just by driving around. So, you need to make sure they get all the information they need about your neighbourhood.

For example, say homes don’t go on the market often in your area. That’s an indication that the quality of life in the neighbourhood is so good that no one wants to leave! In real estate, we measure the area’s “turnover rate”, and it’s a handy piece of data to have when listing your home.

Demographic data can also be helpful when selling your property. If your neighbourhood has a lot of families, for example, that’s going to be appealing to buyers with kids.

Other types of data that can help sell your home include:

  • Planned local construction.
  • Proposals for neighbourhood improvements, such as a new playground.
  • Rates at which local property values are increasing.

Any information that shows the advantages of living in your area is going to be useful when selling.