111 Sample Cloister St, Ottawa, ON K1S 8Z1

How this price compares

Sold 3% under our estimate · 104% of asking · after 1 price cut (-3.2%) · 56 days on market

Three parties produce a dollar figure for this house, for three different purposes, so they do not agree and were never meant to. The gaps are worked out here rather than left for you to hold in your head.

• Sold price

  $715,000

  What it traded for. The only figure here that two parties actually agreed on.

  DemoSource: Demo
• Our estimate

  $740,479

  Modelled from comparable sales by the explorer further down this page. Change the comparables there and this number moves, which is the reason it is shown at all.The sold price is 3% below it.

  Est.Modelled from comparable sales, not an appraisal
• Assessed value, 2026

  $508,000

  The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.The sold price is 41% above it. On its own that says nothing about whether the price is right, because the two measure different years for different purposes.

  DemoSource: Demo

None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.