What to Do After Getting a Home Valuation: Your Next Steps Explained
🏡 What to Do After Getting a Home Valuation: Your Next Steps Explained
So, you’ve received your home valuation—now what?
Whether you requested it out of curiosity, to prepare for a potential sale, or as part of a refinancing plan, understanding your home's value is only the beginning. Many homeowners in Saskatoon receive a valuation and are left wondering: Should I sell? Refinance? Invest in upgrades? This article is here to guide you through your next steps and help you make informed decisions that align with your financial goals.
📈 Why Following Up on Your Valuation Matters
🔄 1. The Real Estate Market Moves Fast
Saskatoon's housing market—like any active market—doesn’t sit still. Home values can shift due to seasonal demand, changing interest rates, new developments in your neighborhood, and broader economic factors.
💡 Pro Tip: Reassess your home’s value every 6–12 months to ensure you’re always working with accurate, up-to-date information.
🎯 2. Turn Insights Into Action
A home valuation isn’t just a number—it’s a tool. Once you know your home's value, you can use that information to:
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Decide if it’s the right time to list your home
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Explore refinancing options to free up cash or lock in better rates
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Make smart decisions around renovations or improvements
❓ 3. Clear Up Any Confusion
Your home valuation might raise a few questions, such as:
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How does my home compare to others on my street or in my neighborhood?
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What specific changes could increase my home’s value even more?
This is where working with a real estate professional can make a big difference.
💬 Common Questions About Home Valuations
✅ “Is My Valuation Accurate?”
Valuations are often based on a Comparative Market Analysis (CMA), which looks at similar properties that recently sold in your area. However, not all valuations are created equal.
Factors that affect accuracy include:
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The quality of the CMA
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The experience of the person preparing it
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Whether unique features of your home were taken into account
💡 Pro Tip: For the most accurate assessment, schedule an on-site valuation where your home's condition and upgrades can be evaluated in person.
🧱 “What Affects My Home’s Value?”
There are several key factors that impact the value of your home:
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Location – Proximity to schools, parks, transit (like the new BRT system), and amenities
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Size and layout – Square footage, number of bedrooms/bathrooms, and overall flow
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Condition and updates – New roof? Renovated kitchen? Finished basement? These all matter
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Market demand – The more buyers in the market, the higher your potential sale price
🔨 “Should I Make Improvements Before Selling?”
Yes—but only if they offer a good return on investment (ROI).
Focus on high-impact upgrades like:
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Kitchens and bathrooms – These are the most scrutinized rooms in any home
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Curb appeal – First impressions matter
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Structural or mechanical improvements – Think furnace, roof, plumbing, etc.
📍 Local Example: A homeowner in Saskatoon added landscaping and exterior lighting, increasing their home’s curb appeal—and ultimately their sale price—by 10%.
📅 “Is Now the Right Time to Sell?”
This depends on:
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The current state of the Saskatoon real estate market
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Your personal financial goals
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Interest rates and buyer demand
A quick consultation can help you decide if now is your moment—or if it’s better to hold for a few more months.
🧭 What Should You Do Next?
📞 1. Schedule a Consultation
Let’s walk through your valuation together. I’ll help you understand the report in detail, answer any lingering questions, and create a custom action plan—whether that’s selling now, preparing for later, or leveraging your equity.
⚖️ 2. Compare Your Options
Once we’ve reviewed your valuation, you might consider:
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Listing your home and taking advantage of the current market
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Refinancing to pull out equity and reinvest elsewhere
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Waiting while you make strategic upgrades
Every path is unique—and that’s why a tailored approach is key.
🧱 3. Plan for the Future
Even if you’re not planning to sell this year, knowing your home's value helps you:
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Budget for future renovations
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Track your home’s equity growth
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Explore investment opportunities (like upsizing, downsizing, or acquiring a rental)
🙋♂️ How I Can Help
I’m Jack Bouvier—a real estate agent, investor, and advisor here in Saskatoon. Helping homeowners like you understand your options is what I do best.
Here’s how I can support you:
🔍 Expert Advice – Personalized guidance based on your unique goals
📊 Local Market Insights – Stay ahead of Saskatoon’s trends
🛠️ Tailored Solutions – Whether you’re selling, refinancing, or just staying informed
📲 Ready to Take the Next Step?
Following up on your home valuation isn’t just about a number—it’s about clarity, strategy, and unlocking new opportunities.
📞 Call me directly at (306) 370-6179
🔗 Or connect with me through this link
Let’s talk about your home, your goals, and your next move.
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