Sell now or wait
See what each month of owning costs you. Then compare it with what your home could sell for.
Cost of waiting
Enter your numbers to see what a few more months of owning costs, and how much your price would need to rise to break even.
How long would you wait?
Used to prepare your timing analysis. Never published.
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Waiting 12 months costs about
$31,455
$2,621 a month. Your price would need to rise about 3.1% to break even.
Mortgage principal is not counted. This is an estimate from your figures, not financial advice or a forecast.
Timing analysis
The number above is what waiting costs you. Whether waiting pays off depends on your street and what is selling now.
Enter your address and a few details to get a range from similar homes for sale nearby.
Only the first is a number you can know today.
Mortgage interest, property tax, strata, insurance, and upkeep add up while you wait.
You can see asking prices today. No one knows future prices.
If you buy in the same market, price changes affect both sides.
Paying down principal builds equity. It is not a cost.
Spring often brings more buyers, and more sellers too. Check homes for sale near you first.
Selling costs, moving, and the price of your next home. The proceeds calculator covers what you would keep after a sale.
Written and maintained by Ray Rasouli, REALTOR®, licensed in British Columbia and founder of Relta Real Estate.
Source: The figures you enter, with the posted 5-year rate as the starting interest rate. Interest, property tax, strata, insurance, and upkeep over the months you choose.
An estimate from your own figures, not financial advice and not a forecast.