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, because houses and condos are telling two very different stories right now.
The average sale price for a house in Lorraine is sitting at $650,000, with a price per square foot around $333. One property sold last month, so we're not dealing with a flood of inventory here. That tight supply matters.
The HonestDoor predicted market value for houses is $840,893 - and it's climbing. The 3-month moving average is $835,008, so the trend is pointing up. Estimated rent comes in at $3,680 per month with a rental yield of 5.03%. That's a strong return if you're thinking about this as an investment.
That -0.67% recent dip is worth noting - the market is taking a breather. But the predicted value still sits well above nearby Quartier Cote-Saint-Louis at $675,538, which tells us Lorraine houses are holding a real premium.
Condos are a different picture. The HonestDoor Price for condos in the Bois-Des-Filion area is $445,109, and it's down 5.61% from the previous period. That's a meaningful drop and worth paying attention to if you own one.
The predicted market value for Lorraine condos is $626,617, up from a 3-month moving average of $622,170. Estimated rent is $2,966 per month, with a rental yield of 3.60% - moderate, but not a home run. Recent value change is a positive 1.27%, so there's a bit of recovery happening.
For context, nearby Quartier Cote-Saint-Louis condos are priced at $675,538 - noticeably higher. Lorraine condos are more affordable right now, but that gap is something to watch.
Here's the honest truth. Your city assessment is a snapshot from the past. It doesn't update when the market shifts, when a new development opens nearby, or when interest rates move. It's a number that was accurate on a specific date - and that date is probably not today.
The HonestDoor Price is a real-time check. For houses in Lorraine, the predicted value of $840,893 is sitting significantly above the average recent sale price of $650,000. That gap is information. It tells you the market sees more value in these homes than what's actually trading hands right now.
If your tax assessment is the only number you know, you might be leaving serious money on the table - or making decisions based on a figure that no longer reflects reality. Check your HonestDoor Price. It's updated regularly, and it's built to reflect what's happening now, not two years ago.
If you're a house owner in Lorraine and you've been on the fence about listing, the data gives you a reasonable case to move. The predicted value is strong at $840,893. Rental demand is real - $3,680 per month with a 5.03% yield means buyers who are investors will be paying attention. Supply is tight, with only one recorded sale last month, which means less competition for you as a seller.
The -0.67% recent dip is a signal to not wait forever. Markets that take a breather can keep cooling. Summer is historically when buyer activity picks up. The window is open - but windows don't stay open.
If you own a condo, the picture is more cautious. That 5.61% drop in the HonestDoor Price is a real signal. The recovery trend is there at +1.27%, but you're not in a rush-and-list situation. Price it right, know your HonestDoor number, and don't anchor to what your neighbour sold for 18 months ago.
Bottom line - Lorraine is a market where knowing your real number right now is the difference between a smart move and a missed one. Get your HonestDoor Price before you do anything else.
lorraine | bois-des-filion | october 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.