If you own a home in Lorraine and you're still relying on your last municipal assessment to know what your place is worth, you're working with old news. The market has moved. Here's what's actually happening on the ground.
Let's break it down for us locals.
Houses: The average HonestDoor Price for a house in the Lorraine area sits at $735,089 - up 5.55% from the previous period. That's real money moving in the right direction. The average sale price on record is $650,000, and price per square foot is running around $333. The predicted market value comes in even higher at $817,597, though that number is easing slightly from a 3-month moving average of $827,013 - a small dip of about 0.70%. Nothing alarming, just the market catching its breath.
Condos: The condo side of Lorraine tells a slightly different story. The average HonestDoor Price is $470,566, up a modest 0.89%. The predicted market value is $621,144 and it's actually trending upward - beating its own 3-month moving average of $617,589. That's a quiet but steady climb. Rental yield here is 3.61%, which is moderate but still worth paying attention to if you're an investor or thinking about renting your unit.
Here's the thing about municipal assessments - they're a snapshot from the past. The city looks at sales data from a set period, runs its numbers, and mails you a piece of paper. By the time it reaches your mailbox, the market has already moved on.
The HonestDoor Price is a real-time check on what your property is actually worth today. For houses in Lorraine, the HonestDoor Price of $735,089 and a predicted value of $817,597 both sit well above the $650,000 average sale price on record. That gap matters. If you're pricing a home based on an old assessment, you could be leaving serious money on the table - or pricing yourself out of a deal entirely.
Think of the HonestDoor Price as the number your real estate agent wishes they had shown you on day one.
If you're a homeowner in Lorraine weighing a summer sale, here's the straight talk.
Houses are showing a 5.55% price increase and a predicted value that outpaces recent sale prices by a meaningful margin. Buyer demand for rental income is real too - a 5.08% rental yield on houses is the kind of number that gets investors paying attention. That works in a seller's favour.
On the condo side, the upward trend in predicted value is a good sign. Values are climbing, not sliding. A 1.26% recent change and a predicted value beating the 3-month average means momentum is on your side if you're patient.
Compared to nearby areas, Lorraine holds its own. Nearby Quartier Cote-Saint-Louis shows a benchmark of around $659,914 for houses - Lorraine's predicted value of $817,597 clears that comfortably. For condos, Quartier Cote-Saint-Louis comes in at $659,914 versus Lorraine's $621,144 - a smaller gap, but Lorraine's upward trend is the story worth watching.
Bottom line - Lorraine is not a market you want to guess at. Get your HonestDoor Price, compare it to what the city thinks your home is worth, and make decisions based on what the market is doing right now - not two years ago.
lorraine | bois-des-filion | august 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.