243 Demo Otter Dr, Vaughan, ON L4J 6T4

How this price compares

Not enough comps for a confident read · 1 price cut so far (-7.5%) · on market 35 days vs ~42 typical here

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.

• Asking price

  $1,209,000

  Set by the seller and their brokerage. It is a request, and nothing tests it until an offer arrives.

  DemoSource: Demo
• Our estimate

  $1,228,000

  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.

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

  $862,000

  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 asking price is 40% 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.