Jun 12, 2023

Every real estate transaction is unique, and some properties present an opportunity to showcase exceptional value and potential. As a dedicated realtor in Fraser Valley, BC, I, Kash Sekhri, am thrilled to share the story of successfully selling a brand-new, three-story home in Mission. This case study highlights the strategic approach, market insights, and personalized service that led to a successful sale, benefiting both the seller and the new homeowners.
The Property: A Modern Marvel
Overview of the Home
This newly built, three-story single-family home, located on a 5,864 sqft lot, is a masterpiece of modern architecture and design. With 4,422 sqft of living space, it features 8 bedrooms, including 2 master suites, and 6 bathrooms, offering ample space for a large family or multiple occupants.
Key Features
High-End Finishes: The home boasts quartz countertops and engineered flooring, reflecting high-quality craftsmanship and attention to detail.
Functional Layout: It includes a formal living room, dining room, family room, main kitchen, and a spice (wok) kitchen, catering to diverse culinary needs.
Outdoor Spaces: Two large decks provide ample space for outdoor activities and relaxation.
Warranty: The property comes with a 2-5-10 year home warranty, ensuring peace of mind for the new owners.
Additional Living Spaces
The property includes two mortgage helpers:
A 2-bedroom legal suite
A 1-bedroom in-law suite
These additional units offer potential rental income, enhancing the property’s investment value.
Market Positioning and Strategy
Understanding the Market
Mission is a desirable location, known for its family-friendly neighborhoods, good schools, and easy access to amenities. Understanding the local market dynamics was crucial in positioning this property to attract the right buyers.
Strategic Pricing
Priced to sell, we set the listing at a competitive rate that reflected the home’s value and unique features, while ensuring it was attractive to potential buyers. The pricing strategy was informed by thorough market analysis and comparable property evaluations.
Effective Marketing
Our marketing approach included professional photography, virtual tours, and targeted online advertising to reach a broad audience. Highlighting the property’s modern design, spacious layout, and additional living units helped to draw significant interest from prospective buyers.
The Selling Process
Preparation and Staging
Before listing, we ensured the property was impeccably presented. This involved staging the home to showcase its best features and creating an inviting atmosphere that potential buyers could envision as their own.
Showings and Open Houses
We organized several open houses and private showings, providing potential buyers with a comprehensive view of the property. These events were crucial in demonstrating the home’s value and potential, leading to positive feedback and strong interest.
Negotiation and Closing
Effective negotiation was key to securing a favorable deal. By understanding the needs and motivations of both the seller and the buyers, we were able to facilitate a smooth and successful transaction. The sale closed efficiently, leaving both parties satisfied.
Client Experience and Satisfaction
Seller’s Perspective
The seller was delighted with the outcome. The strategic approach, effective marketing, and seamless process exceeded their expectations, resulting in a quick and successful sale.
Buyer’s Perspective
The new homeowners were thrilled to find a property that met their needs and expectations. The additional living spaces and high-end finishes were particularly appealing, making it a perfect fit for their family.
Conclusion: A Win-Win Outcome
This successful sale in Mission highlights the importance of strategic planning, market knowledge, and personalized service in real estate. As a realtor in Fraser Valley, BC, I am committed to delivering exceptional results for my clients, ensuring that both sellers and buyers experience a smooth and satisfactory transaction.
If you are looking to buy or sell a home in Fraser Valley, BC, feel free to reach out. Let's make your real estate dreams a reality.