Home Values Guide explains how property assessments, recent sales and market trends work together to shape what your home may be worth. This page is designed to help you understand the factors that influence value, from location and upgrades to supply and demand. Use it as your starting point before exploring community specific Home Values pages for detailed local data.

Home Values Overview

Understanding home values is an essential step for both buyers and sellers. This guide explains how property values are determined, what factors influence price, and why values change over time. The sections below connect you to tools and insights that make it easier to compare properties, track market trends, and get a clear picture of what a home is truly worth in today’s market.

Home Values by Community

Explore current home values across Vancouver Island and the Cowichan Valley. These pages provide insight into property values in each community, helping you understand how local trends and neighbourhood factors influence market prices.

Home Values FAQ and Real Estate Guide

Are Home Values dropping?

Home values may soften in some areas depending on demand and interest rates, but trends vary by region and property type.

Are Home Values going up?

Home values in many markets are still rising due to limited inventory and strong buyer demand, though growth is slower than in past years.

How do I find the value of my home?

You can find the value of your home by comparing recent sales in your neighborhood, using online valuation tools, or requesting a realtor's market analysis.

Are HonestDoor prices accurate?

HonestDoor prices are automated estimates and may not reflect true market value, so a professional appraisal or realtor analysis is more reliable.

My Home Values Guide is designed to help both buyers and sellers understand what shapes property values across Vancouver Island. Price alone never tells the full story. Location, lifestyle, and long-term demand all play a part. I have lived on Vancouver Island for more than 30 years and have seen how communities grow and change over time. In my professional work I focus on proving actual market value with market movement data, so you can see where values are stable, where they are rising, and where opportunities still exist. Use these guides to explore regional areas and see how home values connect with the broader story of the island at Living on Vancouver Island.