Offer Price Calculator

Estimated market value

The calculation starts from an estimated market value. If you enter comparable sales, that value is the average of those sold prices — the most reliable signal of what a home is actually worth. If you leave the comps empty, the listing price is used instead.

Adjustments

The estimated value is then nudged up or down based on how much leverage each side has. Each factor applies a percentage adjustment:

• Market conditions — a seller's market pushes the offer up (more competing buyers); a buyer's market pulls it down.
• Days on market — a fresh listing gives the seller leverage; a home that has lingered gives the buyer room to negotiate.
• List vs. comps — when the asking price is above what comparable homes sold for, there is room to offer below list; when it is below, expect to pay at or above.

The recommended figure sits in the middle of a range (roughly ±2%) so you have room to open lower and settle higher.

Tips

• Use at least three recent, genuinely comparable sales — same neighbourhood, size and condition.
• Open below your recommended offer if the market allows, and keep the top of the range as your walk-away limit.
• In a hot market, a clean offer (fewer contingencies, flexible closing) can matter as much as price.
• This is a decision aid, not an appraisal — always confirm value with your agent and an inspection.