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How Much Equity Do You Really Have? Most Ontario Homeowners Are Wrong by $80,000

If you’re like most Ontario homeowners, there’s a good chance your home equity estimate is off — by as much as $80,000.
November 30, 2025 by
How Much Equity Do You Really Have? Most Ontario Homeowners Are Wrong by $80,000
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And in today’s volatile real estate market, being wrong about your equity can cost you:

  • missed refinance opportunities

  • higher interest payments

  • declined bank applications

  • lost investment opportunities

  • unnecessary financial stress

The problem?

Most homeowners have no idea what their home is actually worth — and most online calculators are wildly inaccurate.

That’s why thousands of homeowners across Ontario are now using Lendworth EquityCheck™, a free lender-grade home value and equity report that gives you real numbers in just 2 minutes.

👉 Get your complimentary EquityCheck™ valuation

https://www.lendworth.ca/equity-check

🔍 Why Homeowners Miscalculate Their Equity by $50,000–$80,000

Most people use:

  • Outdated website estimates

  • What their neighbour “sold for”

  • Bank appraisals from years ago

  • Random advice from Realtors

  • Guesswork

But none of these reflect real-time market values or lending criteria.

Here’s what most online estimators get wrong:

❌ They don’t use the newest comparable sales

❌ They don’t adjust for renovations or upgrades

❌ They don’t factor in lot size and condition

❌ They don’t use lender underwriting logic

❌ They use automated algorithms, not real data

❌ They ignore neighbourhood micro-trends

This is why homeowners consistently overestimate or underestimate their home value.

🧮 How Much Equity Do You Actually Have?

Home equity = Home Value – Remaining Mortgage Balance

Simple math, right?

Not exactly.

The key is the home value, and that’s where most people get it wrong.

Based on Lendworth’s 2025 data:

  • 71% of Ontario homeowners underestimate their home value

  • 22% overestimate by more than $100,000

  • The average error in Ontario? $80,000

  • 62% have way more usable equity than they think

  • 41% qualify for refinancing despite a bank decline

This means most people are sitting on hidden equity they didn’t even know they had.

🚀 Why Knowing Your Accurate Equity Matters

If your value estimate is wrong, you could be losing out on:

✔ Lower monthly payments through refinancing

✔ Debt consolidation using home equity

✔ Second mortgage approval

✔ HELOC options

✔ Renovation loans

✔ Investment opportunities

✔ Emergency liquidity

✔ Removing high-interest debt

Equity = power.

But only if you know how much you actually have.

🔥 Introducing EquityCheck™ — The Fastest Way to Know Your Real Equity

Lendworth EquityCheck™ gives you a free, lender-grade equity report using:

  • Real comparable sales

  • Neighbourhood-level data

  • Lender underwriting logic

  • Market adjustments

  • Equity calculation based on real lending criteria

No automated guesswork.

No outdated data.

No fake “online estimate.”

Just accurate numbers — fast.

👉 Get your free EquityCheck™ report here

https://www.lendworth.ca/equity-check

💡 Why EquityCheck™ Is More Accurate Than Anything Else Online

✔ Uses live comparable sales, not old averages

✔ Considers renovations, upgrades, rental suites

✔ Analyzes real lending conditions

✔ Reflects true property condition

✔ Evaluates your real borrowing power

✔ Completely free

✔ No credit check

✔ No obligation

This is the same process private lenders use during underwriting — and now Ontario homeowners can access it for free.

🏡 Who Should Use EquityCheck™?

EquityCheck™ is ideal for:

  • Homeowners thinking about refinancing

  • Anyone considering debt consolidation

  • People declined by banks

  • Homeowners in financial stress

  • Investors checking borrowing power

  • Seniors exploring reverse mortgages

  • Anyone simply curious about their home value

  • People preparing to sell in the next 12–24 months

If you own a home in Ontario, this report is 100% useful.

Get Your Free Equity Report — Takes 2 Minutes

No cost.

No hassle.

No credit hit.

Just the truth about your home value and borrowing power.

👉 Start your free EquityCheck™ now

https://www.lendworth.ca/equity-check

Stop guessing your equity.

Start using it.