Get a free market report that outlines average listing price, price reductions, new listings, and more for your neighbourhood.
Automated estimates work from public data and can't see your renovations, condition, lot position or view, so they can be off by a wide margin on any individual property. They're a starting point, not a pricing decision. A walkthrough plus current comparable sales is what produces a number you can actually list against.
Yes — the valuation is free and carries no obligation to list. You receive Andy's assessment of value along with the comparable sales it's based on. If the timing isn't right for you, that's a perfectly normal outcome.
Value is established primarily from recent comparable sales of similar homes in your area, adjusted for differences in size, condition, updates, lot and location. Current active competition and how quickly homes are selling in your price band also matter. Andy shows you the comparables so you can see the reasoning, not just the figure.
MPAC assessments are used for property tax purposes and are based on a legislated valuation date that can be years behind the current market. They are not intended to reflect what your home would sell for today. Use current market comparables for any real decision about selling.
The walkthrough itself usually takes 30 to 45 minutes depending on the size of the home, and Andy follows up with the written comparable analysis shortly afterward. There's no need to prepare beyond letting him see the whole property, including any areas you'd normally keep closed off.
Reviewing annually is reasonable for general planning, and more often if you're actively considering a sale or making a financial decision that depends on your equity. Market conditions in London and St. Thomas can shift meaningfully within a year. If a move is likely within twelve months, an updated number is worth having.