How It Works
Whether you’re buying, selling or renting, you can make the most educated and up-to-date real estate decision using our instant pricing tool.
Buyers and Sellers – Take the stress out of determining whether a property is priced right. MarketScore uses historical, current and forward-looking information to value real estate. Our algorithm looks at numerous variables, such as interest rate projections, economic factors and regional statistics to determine long term investment potential. A score from zero to 100 is used to assess whether a residential property is priced right – known as a Market Score®. A Market Score® of 50 is considered a fair price.
Renters – We consider price, location and vacancy rates among other factors when pricing rental units and assigning them a score between zero and 100 – known as a Rent Score®. A Rent Score® of 50 is considered a fair monthly rental amount.
We have created the following categories to help you assess our results:
|80-100 | Highly Underpriced
50-79 | Underpriced
20-49 | Overpriced
0-19 | Highly Overpriced
Our instant pricing tool is easy-to-use, just follow these simple steps:
Enter any address – From the edge of the Yukon to the tip of Newfoundland, from studio apartments to lavish estates, MarketScore has Canada covered.
Input listing price – Buyers and sellers input the price they think a home is worth. If you are looking to rent, make sure you enter the monthly rental amount.
Enter livable square footage – Does this matter? In real estate, you bet it does. So make sure the area you enter is in square feet and not square metres.
Register to obtain your Market Score® or Rent Score®.
For US listings, please contact us directly to receive a Market Score® or Rent Score®.