Lawson Heights sits in the north end above the river, developed mainly through the 1970s and early 1980s around Lawson Heights Mall, with bungalows, split levels and two storeys on established lots. Homes of that vintage are now at the point where major components have either been replaced once or are overdue, and buyers price that difference sharply.
This is where automated valuations fail most predictably. They read the year built, the recorded floor area and the last sale, then apply a market trend. They cannot see that you replaced the furnace and shingles, moved to triple pane windows, developed the basement, added a second bathroom or repaired the foundation properly. Much of that work is done without a permit or without one that describes the finished result, so no public record exists to feed the model.
The gap between a modelled estimate and a real valuation on a house like this is routinely tens of thousands of dollars, in either direction. Joel Dyck walks the home, records what has actually been improved, compares against sold Lawson Heights properties rather than active listings, and produces a number you can price a listing against with confidence.
Get your hand-reviewed valuation from Joel Dyck.