Other Ways of Estimating Your Home’s Value

The benefits of using Remax's free home value calculator tool are endless. 

The Algorithm Harnesses Real-Time Market Data

First, Remax’s proprietary home value estimation algorithm is one of the most intelligent on the market. It uses real-time market trend data, along with the most unique characteristics of your home, to come up with an accurate valuation (not to brag, but our tool has a 90% accuracy rate predicting a home’s value). Examples of characteristics that our home valuation tool takes into account include the neighbourhood your property is located in, the type and size of the property, and the age of the property. The algorithm also considers both the exterior features of your home, like landscaping and parking, as well as the interior features, ranging from the number of bedrooms and bathrooms to the square footage and annual maintenance fees.

 

 

Other Ways of Estimating Your Home’s Value

Although Remax's free online home valuation tool provides users with an extremely precise estimation, it isn’t the only way to know the value of your home. In fact, there are two other methods sellers commonly use to do this, both of which are in-person. The first is a home appraisal. During a home appraisal, a professional home appraiser visits your property, evaluates its interior and exterior, measures its size, and compares it to other recently sold homes in the area, before determining its value. The second is a comparative market analysis. Comparative market analyses are performed by real estate professionals and involve analyzing local market trends and comparing your home to other comparable properties in the area to calculate its value. While not as in-depth as home appraisals, conducting a comparative market analysis is still worth your time if you want to successfully price and sell your home.

Take Advantage of Remax's Free Home Valuation Tool Today!

Do you keep wondering, “What is my home worth?” Then you’re ready to receive your free home valuation! Know the value of your home in minutes with Wahi’s home value estimator. Once you know your home’s value, you’ll be ready for the next step in your selling journey, and Wahi wants to help. Get in touch with us and we will match you with a reputable realtor in your area. Wahi currently serves all of Ontario, including Toronto and the GTA. Once you’ve matched with them, they can use their local knowledge and expertise to assess your home, affirming the estimate provided by Wahi. They can also guide you through the entire selling process, offering expert advice on the best way to make the sale. 

Beyond our precise home valuation tool, we also encourage our users to take advantage of Wahi’s other services, like personalized listings and open house schedules, all of which are available on the Wahi app. Whether you’re buying a home or selling one, Wahi is here every step of the way.