Valuing real estate is both an art and a science—something I’ve seen play out time and again over my 30 years helping Vancouver families find homes that truly fit. When we talk about a property’s worth, it’s not just a number—it’s about understanding what makes a home special for each buyer. The process involves a few key approaches: using cap rates to translate net operating income into value, absolute valuation to discount future income, and relative valuation to compare similar homes. Whether you’re new to investing or just curious how professionals size up a property, these methods help ensure you’re making an informed choice. I’ve always found that understanding these basics brings a little more confidence—and joy—to the journey of home ownership.
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