Your offer should reflect the home and your budget, not an automatic discount from asking price. I can help you separate useful price evidence from assumptions before you commit to a purchase.
Across all property types in Oshawa, the latest market report gives a typical sale price of $653,000. The average sale price was $685,202. Homes sold for an average of 98.7% of their asking prices. Of the homes sold, 79.5% sold below their asking prices.
These townwide figures provide context, but they do not establish what a particular home is worth. I would not apply a standard discount to an asking price simply because below-asking sales occurred. The stronger starting point is a review of recent sales of similar homes, alongside your financial limits.
Compare the home's size, condition and features with recent sales, reviewing meaningful differences with me before choosing a price. Write down the maximum price you are comfortable offering, keeping room for other purchase expenses. Review which financing and inspection protections you need before changing the offer conditions.
