REVIEWS
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The honest answer
How much is your house worth?
The benchmark Metro Vancouver home is worth $1,100,700 as of May 2026 — but your home's true value depends on its location, property type, lot, condition, and what comparable homes just sold for. The fastest way to know: the free valuation above. Enter your address for an instant estimate, and I'll refine it personally with a full market analysis.
Metro Vancouver · May 2026
Where the market stands right now
All homes
$1.10M
−6.2% vs. last year
Detached
$1.85M
−6.9% yr · +0.4% mo
Townhouse
$1.05M
−5.1% yr · +0.5% mo
Condo
$698K
−7.9% vs. last year
MLS® Home Price Index benchmarks, Greater Vancouver REALTORS®, May 2026. Sales region-wide totalled 2,150 — about 27% below the 10-year seasonal average — against 6,115 new listings.
What this means if you're selling: prices are below last year, but detached and townhouse benchmarks ticked up month-over-month this spring. Buyers are active and selective — well-priced homes are moving while overpriced ones sit. Knowing your accurate number before you list has rarely mattered more.
The method
How home value is actually calculated in BC
When a REALTOR® values your home, the core method is a Comparative Market Analysis (CMA): recently sold properties that closely match yours — same neighbourhood, similar size, age, lot, and condition — adjusted for the differences. A legal suite, a renovated kitchen, or a south-facing view adjusts the number up; a busy road or an aging roof adjusts it down. The result is the realistic range your home would sell for in today's market.
Automated estimators, including the one above, apply the same logic at scale using recent MLS® sales data — an excellent starting point, which is why the best process is instant estimate first, human analysis second.
And no — your BC Assessment is not your market value. It's the question I hear most from North Shore sellers. BC Assessment estimates value as of July 1 of the previous year, for property-tax purposes, usually without anyone setting foot inside your home. It doesn't know about your renovation, your suite income, or what the nearly identical house two doors down sold for last month.
In a market that moved 6% in a year — exactly what Metro Vancouver just did — an assessment can sit tens or hundreds of thousands of dollars away from what a buyer will actually pay today.
The five levers
What moves your home's value most
Location & micro-location
Not just "West Vancouver" or "Lynn Valley" — which side of the street, school catchments, and on the North Shore especially, view and sun exposure. Two similar homes 400 metres apart can differ by six figures.
Land & redevelopment potential
In Metro Vancouver, land carries a large share of detached value. Lot size, frontage, slope, and multiplex potential under BC's new zoning rules all move the number.
Condition & major systems
Kitchens, bathrooms, roof, windows, mechanical. Cosmetic updates rarely return dollar-for-dollar — but dated major systems get discounted heavily.
Income potential
A legal secondary suite or laneway home adds measurable value in a market where many buyers count on rental income to qualify.
Timing & competition
What else is for sale on your street this month matters. With new listings outpacing sales, pricing precisely against live competition is the difference between selling in two weeks and chasing the market down.
How accurate are online estimates?
Good ones land within a fair range for typical homes and miss by more on unique ones — they can't see inside. That's why every request here gets my personal review: I check the comparables, correct what the model can't see, and send a number I'd stand behind at a listing presentation.
Who you're dealing with
Every request on this page comes to me directly
I'm Reza Hamzehali, a licensed REALTOR® (licence #189844) based in West Vancouver, working with sellers and buyers across West Vancouver, North Vancouver, Vancouver, Burnaby, Coquitlam, and Port Moody. No call centre, no hand-offs — and the reviews on this page are from real clients on Google. If you're earlier in the process, my guide to selling your home on the North Shore covers timing, preparation, and costs.
Before you ask
Home valuation questions, answered
How is my home's value calculated?
Through a Comparative Market Analysis: recent sales of similar homes in your immediate area are adjusted for differences in size, lot, condition, view, suites, and updates to produce a realistic selling range. The instant estimator on this page automates the first pass; I then review and refine it personally.
Is the online estimate accurate?
It's a strong starting point built from real MLS® sales data, and it's most accurate for typical homes. Unique properties — views, major renovations, large or subdividable lots — need a human adjustment, which is included free with every request on this page.
Is my BC Assessment the same as my home's market value?
No. BC Assessment estimates value as of July 1 of the prior year for tax purposes, without an interior inspection. Market value is what a buyer would pay today, and in a moving market the two numbers can differ substantially.
What affects my home's value the most?
Location and micro-location, land and redevelopment potential, condition of kitchens, bathrooms and major systems, legal suite income, and how your home compares to what's actively listed around it right now.
Does a free evaluation obligate me to sell or list with you?
No. The evaluation is free with no obligation. Many homeowners request one simply to track their equity, plan a refinance, or decide whether this is the right year to move.
How much is my house worth right now in Metro Vancouver?
As of May 2026, the MLS® benchmark is $1,847,900 for a detached home, $1,048,200 for a townhouse, and $697,800 for a condo in Metro Vancouver (Greater Vancouver REALTORS® data). Your specific home will sit above or below these benchmarks based on its location, lot, condition, and features — the estimator above narrows it to your address.
How long does the evaluation take?
The instant estimate takes about a minute. My personally reviewed analysis typically follows within 24 hours.
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Market data: Greater Vancouver REALTORS®, May 2026 MLS® HPI. Updated monthly. This page provides general market information and a free estimate; it is not an appraisal.