How it works

Checking your home’s value on Properly is simple: Just type in your address. For many homes the valuation appears right away, but for others you may need to fill in a few basic details.

Properly’s Instant Estimate considers all the key attributes of a home, plus the quality of nearby schools, transit accessibility, crime rates, distance to businesses and much more. You can add more detail, like recent renovations you've completed, to get an even more accurate price.

Screenshot of Properly map
Properly

Properly will also show you detailed information on recent home sales in your area and a breakdown of local market trends, so you can get a sense of how much above or below the listing price properties in your neighbourhood typically sell for.

How much home can you afford?

Whether you're hunting for a new home or looking to refinance your mortgage, knowing how much your new loan might cost you is critical. Use our handy mortgage calculator to help you understand what your payments could look like.

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Upgrade to your dream home

If you decide you're ready to sell, Properly can help you purchase your next home without the usual stress of listing the property you live in first.

With Properly, you can unlock equity in your current home using Sales Assurance — a guaranteed backup offer to buy your place. That guarantee allows you to secure financing for a new home from your bank before your old place is even listed.

Properly will then help you tour properties until you find the home of your dreams, and negotiate a winning offer for you using your unlocked equity.

Your current home won’t go on the market until you’ve moved out, so you won’t have to deal with any showings or open houses while you’re packing things up.

If for some reason your old home doesn’t sell within 90 days of being listed, Properly will always offer to buy it at the Sale Assurance price.

Even if you decide not to use Sales Assurance, you can still skip the showings by moving out beforehand and getting your hotel stay, moving expenses and storage costs all covered. Either option offers peace of mind when you’re selling your home during a pandemic.

Polish up your place before you sell

Contractor sets floor tiles
ShutterStock

Those aren't the only benefits exclusive to Properly. With Properly Polish, you can spruce up your home right before you list it.

Offered in partnership with Jiffy — a home maintenance app — Properly Polish is an interest-free advance of up to $20,000 used for attention-grabbing home improvements like fresh paint, landscaping or an upgrade to a tankless water heater.

You can use as much or as little as you want, with no service fees or interest, and you don’t pay it back until your home is sold. Once your home is looking its best, you're all set to sell fast and for the maximum price.

And while it might sting to leave your newly upgraded place behind, Properly is offering a bonus gift right now to make your next place feel like home in no time.

If you sign up for an account through this special link and sell (or buy) a home through Properly before the end of June 2021, you'll get a $500 gift card you can spend on furniture and home improvements.

Find out where you stand

Even if you're not planning to sell anytime soon, it's always a smart idea to know how much your home is worth.

Use Properly to get your free Instant Estimate today.

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About the Author

Shane Murphy

Shane Murphy

Reporter

Shane is a reporter for Money.ca. He holds a bachelor’s degree in English Language & Literature from Western University and is a graduate of the Algonquin College Scriptwriting program.

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Disclaimer

The content provided on Money.ca is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.