What do comparable sales say this home is worth?
Enter the size of the home you are pricing and up to five recent sales of similar homes nearby. Adjust each sale for differences: add to it if the subject is better, subtract if the sale was better.
Your estimate
What the calculator assumes.
Method. Each sale’s price plus your adjustment, divided by its size, gives a price per square foot. The estimate uses the median, which is less affected by one unusual sale, times the subject’s size.
Choosing comparables. Use recent sales of similar homes nearby: same type, age and condition, close in size, lot and parking. Adjust for real differences such as an extra bathroom, a finished basement, a garage or renovations. Size is measured differently by different boards; compare like with like.
An estimate, not an appraisal. A licensed appraiser or your REALTOR® can give a formal opinion of value. To see what a seller keeps, try the seller net proceeds calculator.