Vancouver Island · VIREB MLS · BC Assessment

The price a property will actually close at.

Parametric prices Island real estate from tens of thousands of closed BC sales, never from the seller's ask. Every valuation arrives with ranked comparables, a dollar-by-dollar explanation, and the paperwork already filled in.

For homes already listed, a separate active-listing model reads the ask and predicts the final close, typically within 1.75% (median). The valuation above never uses the ask. Every figure measured on held-out BC sales. Full methodology on the Methodology page.

Valuation worksheet Sample output
1450 Heronmere Way #906, Victoria
2 BD · 2 BA · 1,210 SQFT · STRATA · BUILT 2016
$1,036,000
Estimate · listed 413 days at $1,095,000

What moved this price
Neighbourhood price / sqft
+$206K
BC Assessment value
+$127K
Sub-area sales
+$95K
413 days on market
−$29K
+ dozens more signals
Sources: VIREB MLS · BC Assessment · parcel record No list price used

Illustrative sample, not a real property.

±1.75%
Of the final sale price · live listings
68,106
Closed BC sales trained on
0.80
R² on held-out BC sales

The premise

Most pricing tools echo the seller's ask back at you. Ours never sees it.

List price is banned from the valuation model's inputs, training on it teaches a tool to flatter the ask, not to price the property. Parametric is trained only on what buyers actually paid, then held to account against sales it never trained on, month after month.

$0
Weight given to list price
3,126
Held-out sales in every test
Monthly
Retrained · promoted only if better

What you get Agents · brokerages · investors

Walk into the listing appointment already knowing the answer.

One address in. Out comes the valuation, the comparables ranked by how similar they actually are, the market pulse for that postal code, and a client-ready CMA. The paperwork fills itself from MLS and BC Assessment records.

Valuation

A number with its work shown

Every estimate explains itself in dollars, which factors pushed it up, which pulled it down. You can walk a seller through it line by line.

Comparables

Ranked by similarity, not radius

Comps are matched across every signal the model uses, size, age, strata, view, market state, not just drawn from a circle on a map.

CMA & forms

Paperwork, pre-filled

A client-ready CMA in minutes, and BC listing forms populated from BC Assessment and MLS records before you open them.

Active listings

Is it priced to sell?

A second model reads every live Island listing and flags over- and under-pricing, typically within 1.75% of the final close price.

Market pulse

Your postal code, this month

Absorption, days-on-market, price-cut depth, and 12-month trend per area, the same signals the model prices with.

Broker system

One methodology, whole office

Agent and brokerage portals with role-based access and MFA. Every agent prices from the same evidence.

Coverage Depth over breadth

Vancouver Island,
street by street.

We don't claim the country. We claim the Island, every VIREB listing since 2021, every BC Assessment record, walkability and school quality per parcel, view exposure, and the strata picture behind every building. National tools average markets they've never studied. We priced ours first.

Signals include ocean/city/mountain view flags, suite potential read from listing remarks, and strata intelligence.

MLSFull VIREB transaction history, linked to permanent parcel records
AssessmentBC Assessment land and improvement values, reconciled per address
NeighbourhoodWalkability, school quality, amenities and livability per parcel
LocationSub-area, neighbourhood, and distance to water per parcel
MarketAbsorption, DOM, cut depth, supply shift per area, monthly
MacroBank of Canada rates, yields, CPI, BC employment

Built to be trusted

Proven on sales it has never seen.

Every retrain is validated on thousands of held-out BC sales, chronologically, the past predicting the future, never the reverse. A new model reaches you only when it beats the one before it. Nothing ships until it's proven against real closes.

See how it's built
WhenImprovement
JunBaseline model
JulMarket state read at offer date
JulPhoto-based condition scoring
JulDeeper BC Assessment features
JulSuites & renovations read from remarksCurrent model

Refined as the Island market moves, every release proven on sales the model never saw.

Early access

Bring us an address you know well.

The fastest way to judge a valuation model is to run it on a property you already understand. Send one over, we'll return the worksheet and walk you through every line.