How Much Is Your Home Worth?

How Much Is Your Home Worth?

Your home has both a personal value and a market value.

When you think of your house as a place where a family is raised and memories are built, then it’s like those popular MasterCard commercials on television: Your home’s value is “priceless”.

However, when it comes to how much your home is worth to potential buyers, then things get much less sentimental. It is the “market value” of your property that determines how much it will sell for, not your personal feelings.

Market value is simply the price that similar properties in similar neighbourhoods are currently selling for. If you were to list your home on the market today, you could expect to get somewhere close to that figure.

Even if you’re not planning to sell your home in the near future, it makes sense to get an update on its fair market value. Think of your home as an investment – and as with any investment, you should know how much it is worth.

There may also be circumstances where you might have to move quickly. Knowing the market value of your home will help you make quick – and better – decisions.

How do you determine the market value of your property? My team and I are always happy to help and you can reach me by email at or at 416-558-7273.

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