Free Home Value Estimator 2020

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Simply fill in the short form below — we’ll use our state-of-the-art statistical model to give you an instant home value estimate. Plus, for a limited time, get up to three free home valuations by experienced real estate agents.

Get an Instant Estimate

Property Type
Condo Apt.Condo Apt.
Condo TownhouseCondo Townhouse
Detached HouseDetached House
Semi-DetachedSemi-Detached
Your Home's Address
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Your Annual Property Tax
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Best Way to Value Your Home

The best way to value your home is to check and compare the sold prices of similar homes around you. Property type, square footage, age, location, renovations, and much more can impact your home's market price.

Factors Involved in Your Home's Value

LocationLocation is one of the most important determinants of a home's value. You can check the prices of properties around you to get a ballpark estimate of your home's value.
Property TypeIn North America, detached and semi-detached homes are generally valued more highly than condo apartments and highrises.
SizeThe size of your home plays a big role in your home's value. Be sure to diffrentiate between livable space and other structures like garages or balconies.
Age and ConditionOlder homes generally have lower valuations due to the higher costs of maintenance and heating costs. Some decades can be infamous for the use of certain building materials such as asbestos or Poly-B plumbing.
Upgrades and RenovationsRemodelling and new appliances can significantly increase the value of your home. You can check the estimated payback and appeal of a project using the National Association of REALTORS® 2019 report on remodelling.
Interest RatesLower interest rates can help buyers afford more expensive homes with the same mortgage payment. You can find the best mortgages rates in Canada on WOWA.ca.
Local Market ActivityYour neighborhood prices can follow trends in your regional housing market. Check how your local housing market is doing with our Housing Market Report.

Other Ways You Can Estimate Your Property Value

If you are up for the work, there are other ways that you can try to estimate your property value. However, these methods may not be accurate and can take a lot of your time. We recommend working with an agent that already has in-depth experience with properties in your neighborhood.

Look up the prices of similar properties in your neighborhood

You may be able to find homes in your neighborhood that are listed for sale on websites like Realtor.ca or Condos.ca. The asking price of these listings can give you a good picture of roughly how properties are valued in your area. However, it can be tough to find a property that's exactly the same as yours and even then, the asking price may not represent the real sold prices in the area. This is especially true in the Greater Toronto Area where some home sellers list their homes for lower prices in order to encourage bidding wars. In addition, some homes may be overpriced and could have stayed on the market for a long time. It can take a lot of time and work to get an estimate using this method.

Use your home's assessed value as a rough estimate

The assessed value of residential properties is usually based on the estimated market value of the property. While standards differ from province to province, the assessed value of your property can give you a starting point for your valuation calculations. At WOWA.ca, we have analyzed countless homes across Canada and created a simple-to-use tool based on our data to help you estimate your property's market price using only a few inputs.

Estimate your property's market price from its assessed value.

Check trends in your local or regional real estate market

By analyzing real estate market trends, you may be able to get a rough estimate of your home's value by considering how much prices have grown since you bought your home. For example, if you've owned your home for five years and property prices in your area have grown by 10% that time, you can use your original home price + 10% as a general ballpark of what your home should be worth. For an accurate estimate, however, you would still be better off with a free no-obligation consultation with a real estate agent.

Housing Markets Across Canada

Free Professional Estimate

Get a free consultation with up to three real estate professionals about your property. Find out more about your local real estate market, the impact of renovations, and potential buyers for your property.

This calculator is provided for general information purposes only. WOWA does not guarantee the accuracy of information shown and is not responsible for any consequences of the use of the calculator.