What's Your Calgary House or Condo Worth?
The Calgary real estate market is a moving target with prices always changing. Do you want to know how much your home is worth in Calgary? The REALTORS® at Renzo Real Estate are here to help you understand the value of your property. Even if you have no intention of selling your Calgary house, knowing the estimated value of your house or condo will help you understand the current equity that you have in your property. Plus, it's always fun to know what your home would sell for if your house was currently listed on the MLS in the Calgary real estate market.
The REALTORS® at Renzo Real Estate have extensive experience when pricing properties in Calgary and area. In most cases, the REALTOR® will use an approach called the "comparable pricing approach." This method analyzes the sale price of other properties in your Calgary community and a direct comparison is made to your house.
For example, if your home has a double car garage and the comparable has a single car garage, the REALTOR® will adjust the value up to account for your garage. If your property is smaller than the comparable home, the REALTOR® will likely adjust downward.
Since the real estate agent is looking at sold properties on the open Calgary real estate market, you will arrive at a range that your house will likely sell for in Calgary. If you are specifically looking for the City of Calgary Assessment, you can search the public database through the City of Calgary website. It's important to know that the Calgary property assessment does not always align with your current market value. If fact, these numbers can differ greatly depending on the real estate market conditions and city assessment. The Calgary property assessment vs. the market value can vary both above or below each other.
Furthermore, you may also be looking for a Calgary home appraisal. Most home appraisals will use a similar evaluation method. If you would like an introduction to a Calgary home appraisal company, don't hesitate to reach out.