How do we calculate Optima Estimate
The most accurate online estimate
We compared Optima Estimate to the world's leading real estate site Zillow's Zestimate. Guess what, our algorithms for the Canadian market performed a lot better than similar US markets. We are the leaders in automated home-value tools in the Canadian market. Like other estimates, this is not a formal appraisal or substitute for the in-person expertise of a real estate agent or professional appraiser.
Based on the most up-to-date data available
Optima Estimate has complete and direct access to multiple listing services (MLS) through the Toronto Real Estate Board (TREB), the databases that real estate agents use to list properties. We use MLS data on recently sold homes in your area to calculate your property's current market value.
Backed by Optima Agent expertise
When you're ready for a professional home-value assessment, an Optima real estate agent can evaluate your home in person and give you pricing recommendations based on its unique characteristics. Talk to a Optima Agent who specializes in your area for a free consultation. Ask us for a free Comparative Market Value (CMA) report, one of the best reports in the real estate industry.
How to Use the Optima Estimate
If you're planning to sell, the Optima Estimate can give you an idea how much you'll get for your home. If you're house hunting, the Estimate can predict the final sale price for listings you're interested in. We are rolling out Optima Estimate for 300,000 homes in Mississauga and this feature will be rolled out for the rest of Greater Toronto area in late 2020.