HOME VALUE, MARKHAM

Comparative Market Analysis for Markham Homes

An online estimate gives you a number. A comparative market analysis gives you the reasoning behind it. The Kaizen Real Estate Team prepares a written CMA for Markham owners at no cost, built on what similar homes actually sold for.

What is a comparative market analysis (CMA)?A comparative market analysis is a written estimate of your home's market value prepared by a REALTOR®. It compares your home with recently sold, active and expired listings nearby, then adjusts for differences such as size, condition, lot and upgrades.

What Is Inside a Kaizen CMA

Sold Comparables

Recent sales of similar homes in your pocket of Markham, not a city-wide average.

Active and Expired Listings

What buyers can choose instead of your home today, and which homes did not sell and why.

Adjustment Grid

Clear dollar adjustments for size, bedrooms, basement, lot, parking, condition and upgrades.

Three Scenarios

Value as-is, with cosmetic updates, and with larger improvements, so you can compare cost against likely return.

Market Context

Days on market, sale-to-list ratios and inventory trends for your area.

Pricing Recommendation

A suggested list price range, the strategy behind it, and what could change it.

CMA, Appraisal or Online Estimate?

These three tools answer different questions. Knowing which one you need saves time and money.

Online Estimate

Automated and instant. Useful as a rough starting point, but it cannot see your renovation, your lot or your street.

Comparative Market Analysis

Prepared by a REALTOR® to set a list price and sale strategy. Free, local and explained in person.

Formal Appraisal

Prepared by a designated appraiser, usually for a lender, an estate or a legal matter. The team can refer you to one when an appraisal is required.

Read the full comparison in CMA vs Appraisal vs Online Estimate.

How It Works

  1. Request. Share your address and a few details through the home valuation form, or call the team.
  2. Walkthrough. A short visit, in person or by video, to see condition and upgrades the data cannot show.
  3. Written report. Your CMA with comparables, adjustments and three scenarios.
  4. Review together. A calm conversation about what the numbers mean for your plans. No pressure to list.

The Kaizen Real Estate Team

Kaizen means continuous improvement. It shapes how the team prices, markets and negotiates for every client in Markham and York Region, one small improvement at a time.

Michael John Lau

REALTOR®, Team Lead, eXp Realty, Brokerage. eXp ICON Agent 2024 and 2025. Licensed since 2015 and focused on Markham and York Region.

Neeraj Moolchandani

REALTOR®, Kaizen Real Estate Team. Known for calm, responsive guidance and deep roots in the Markham community.

Meet the team  |  Read client reviews  |  See recent sales

Questions Clients Ask

Is a CMA the same as an appraisal?
No. A CMA is prepared by a REALTOR® to guide pricing and strategy. A formal appraisal is completed by a designated appraiser and is often required by lenders, estates or courts.
How much does a CMA cost in Markham?
The Kaizen Real Estate Team prepares CMAs for Markham and York Region homeowners at no cost and with no obligation to list.
How accurate is a comparative market analysis?
A well-built CMA is usually close to what the market will pay, because it relies on recent sales of truly similar homes. Accuracy drops when there are few comparables, which is common for unique or luxury homes.
How often should I update my home value?
If you are planning a move, update it every few months, or sooner if the market shifts. Homeowners who are simply curious can check once a year.

Know Your Number Before You Decide

A written CMA for your Markham home, explained in plain language. Free, private and no obligation.

Kaizen Real Estate Team, eXp Realty, Brokerage. 9763 Markham Rd, Markham, ON L6E 1A4. Not intended to solicit buyers or sellers currently under contract.