How To Determine How Much Your Property Is Worth (The Right Way) | Real Estate Investing Canada | Alberta

How To Determine How Much Your Property Is Worth (The Right Way)

Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier

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Intro

Today’s episode dives into one of the most common questions homeowners and investors ask: How do I know what my property is actually worth?
Whether you're considering refinancing, pulling equity for your next rental, or simply curious about market value — understanding how to properly evaluate your property's worth is essential.

We break down the right and wrong ways to determine value, including property tax assessments, HonestDoor, CMAs, appraisals, and the surprising pitfalls investors often miss. This episode is a must-listen for anyone planning to scale their portfolio in 2026.

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🧠 What You’ll Learn in This Episode

• Why most homeowners use the wrong methods to determine value

• The four ways to determine your property’s worth — ranked from worst to best

• The major problems with using property tax assessments

• How HonestDoor works and when it’s helpful

• Why a Comparative Market Analysis (CMA) is the best free option

• When you need a formal appraisal and why banks won’t accept one you ordered yourself

• How to properly compare homes (lot size, style, finishing level, location, age, etc.)

• How investors use valuation to pull equity and expand their portfolios

• Real examples from listeners in Red Deer County

• How to avoid wasting thousands on unnecessary refinancing mistakes

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👥 About Your Hosts

Wayne & Gabby Hillier are full-time real estate investors and coaches based in Edmonton, Alberta.
Through the REI Masters Mentorship Program, they help Canadians build long-term wealth through rental properties, BRRRRs, flips, joint ventures, and creative real estate strategies.

Their daily podcast, The Real Estate Investing Morning Show, provides direct, no-nonsense guidance for thousands of Canadian investors every weekday morning.

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💡 Resources & Contact

Learn about our Mentorship Program:
https://www.reimasters.ca

Bookkeeping & tax help for investors (Finngo):
https://www.finngo.com/rei

Submit a question for the live show:
[e-mail]

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📘 Order Wayne’s Book: The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors

Your property’s value matters — but cash flow is your risk buffer.
The 5% Rule™ shows you exactly how to analyze a property's cash flow and determine whether it's a safe, storm-ready investment.

Order here:
https://a.co/d/7pDlPZh

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🤝 Thanks to Our Sponsors

🏠 Krystal Kromm – Red Deer Investor-Focused Realtor

[phone]
Facebook

🏢 Calvin Realty – Edmonton Investor-Focused Realtor Team

https://calvinrealty.ca
Facebook

📊 Finngo Bookkeeping & Tax – Investor Accounting Specialists

https://www.finngo.com/rei
Facebook

💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers

https://www.kbmortgages.ca
[e-mail]
Facebook

🏗️ Calvert Home Mortgage Investment Corporation

403-278-0249
[e-mail]
FSRAO License Nos. 13267 & 13268