No automated guess. No pressure to list. Just a locally researched starting point.
A home’s market value is the price informed buyers are likely to pay under current conditions. It is estimated by comparing similar recent sales, active competing listings, location, size, condition, property type, features and buyer demand. The most useful valuation focuses on genuinely comparable properties rather than broad neighbourhood averages.
RECENT COMPARABLE SALES
Similar homes that recently sold provide the clearest evidence of what buyers have actually paid.
CURRENT COMPETITION
Active listings show the alternatives buyers will compare with your home.
LOCATION
Street, neighbourhood, schools, traffic, views, lot characteristics and nearby amenities can all affect demand.
PROPERTY TYPE
Single-family, two-apartment, condominium and semi-detached homes attract different buyers and should be compared separately.
CONDITION AND UPDATES
Roofing, windows, heating, kitchens, bathrooms, electrical systems and overall presentation can affect both value and buyer confidence.
TIMING AND DEMAND
Inventory, interest rates, seasonal activity and competition among buyers can influence the result.
Automated tools can be useful for a quick reference, but they cannot walk through your home, evaluate renovations or understand how buyers will react to its layout, condition and location. They may also rely on property assessments or broad averages rather than the most relevant MLS® sales.
Automated Estimate
Uses broad property data
May rely heavily on assessment
Cannot evaluate condition
May overlook unique features
Produces an instant number
Limited local context
Local Home-Value Review
Uses relevant recent MLS® sales
Separates assessment from market evidence
Considers updates and visible condition
Accounts for suites, garages, views and layout
Produces a researched pricing range
Considers current neighbourhood competition
A comparative market analysis is not a formal appraisal. It is a real estate pricing opinion based on available market evidence.
What Will I Look At?
Recent sales most comparable to your property • Current listings competing for the same buyers • Listings that failed to sell or required price reductions • Original list price compared with final sale price • Days on market • Property size, age and style • Lot, parking and garage features • Basement development or apartment income potential • Renovations and major maintenance items • Current inventory and buyer demand • A practical estimated pricing range • Possible listing strategies if you decide to sell
The depth of the review depends on the information available. An in-person walkthrough normally produces the most reliable pricing recommendation.
A Simple, No-Pressure Process
1. TELL ME ABOUT THE HOME
Submit the property address and any important details or improvements.
2. I REVIEW THE MARKET
I compare your property with relevant recent sales and current competition.
3. WE FINE-TUNE THE DETAILS
A short conversation or property walkthrough helps account for condition, renovations and features the data cannot show.
4. YOU RECEIVE A PRICING RANGE
I explain where your home may fit in the current market and what could influence the final result.
You can request a review even if selling is only a possibility. Sometimes knowing the numbers simply helps you plan.
Reporting period: February 27–August 26, 2026
Six-Month Median Sold Price
$430,000
Residential Sales
1,561
Median Days on Market
23 Days
Average Sale-to-List Ratio
107.1%
These metro-wide figures provide context, but they do not determine the value of an individual home. Results varied significantly by municipality, property type and price range.
Last updated August 27, 2026.
A similar-looking home can perform differently depending on its municipality, neighbourhood, property type and available competition.
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Andrew, Home Seller
Is a home-value review free?
Yes. You can request a preliminary home-value review without committing to list your property.
Do you need to visit my home?
I can begin with the address and available property information. However, a walkthrough usually produces a more accurate recommendation because condition, renovations and layout cannot always be confirmed from listing records.
Is my assessed value the same as market value?
No. An assessment is created for property-tax purposes. Market value reflects what informed buyers may pay under current conditions. The two numbers can differ considerably.
How accurate are online home-value calculators?
They can provide a broad starting point, but they may not account for condition, renovations, apartment income, garages, views, layout or very recent local competition.
What is a comparative market analysis?
A comparative market analysis examines relevant sold, active and unsuccessful listings to estimate where a property may fit in the current market. It is a pricing opinion, not a formal appraisal.
Can I request a review if I am not ready to sell?
Yes. Understanding your likely value can help with future planning, refinancing discussions, renovations or deciding whether a move is realistic.
Will you give me one exact number?
I normally begin with a realistic range. The recommended listing strategy can then be refined after reviewing the property, current competition and your timeline.
What could cause my home to sell for more or less?
Location, condition, updates, property type, pricing, presentation, marketing, available inventory and the number of motivated buyers can all affect the final result.
CONNECT WITH JAY
Jay Schwartz, REALTOR®
Royal LePage Vision Realty Inc.
Independently owned and operated.
© 2026 Jay Schwartz. All rights reserved.