when they are it still doesn't mean both will sell at the same price. I once worked with a builder that was selling both sides of a duplex. Other than a few minor color changes both sides were identical. We sold the first one for 495,000 right away, but oddly enough the second one sat for over two months without any offers. The builder was very frustrated and finally decided to lower the price and it sold. I think to this day he is at a loss for words as to why the second one didn't sell at the same price as the first one. On average homes in Alberta sell for around 96% to 98% of asking price on the MLS in a balanced market. Can you negotiate lower? Of course, but it's good to understand the numbers. I find on average about 30% of properties listed are overpriced, 50% are priced within 5% of fair market value, 15% are motivated and willing to sell slightly below market value. There are maybe 2% that are desperate and would consider an offer well below market value. The odds of you finding one of the 2% and it meeting your "must haves" and some of your "wants" is not a high percentage. Understand the market trends. Is the market inventory low and experiencing rising prices or is inventory high and prices softening or stagnant? How is the Provincial economy? What is the net migration? Alberta has been known to be a boom or bust Province but interestingly enough every time we've had a bust the market has bounced back higher than where it peaked previously. People often try and time the market or make crazy predictions about what they think will happen. I've worked with many buyers who started the buying process and then decided they would wait as they thought prices were going to go down. Most of these people were wrong, we've only had three market corrections on single-family dwellings in Alberta in since 2002. We saw a drop in 2008 and again in 2016 & 2017. Every other year prices have either stayed the same or went higher. If you are buying a home for a minimum 5 years you probably don't need
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