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Urban wetlands are gaining more attention and showing more important play in the sustainability. Surge findings are attached on the assessment of Wetland Ecosystem Service Value (WESV) in urban areas. While determining WESV in urban areas, it is still difficult to capture the nature of wetlands due to neglecting the impact of related impervious surfaces. It is necessary to improve the existing evaluating methods of WESV when seeking the truth. In order to narrow this issue, based on InVEST model, this study employed Equivalent Factors (EF) to determine WESV in urban areas with a case of Hengyang City, China. The main materials of this study included high-resolution images, DEM, precipitation, evapotranspiration, soil, vegetation, and statistical yearbook of the case. By comparing the uncorrected results with precipitation corrected and water yield corrected results of WESV, this study confirmed that: (1) the corrected results can reflect more real status than uncorrected; (2) in terms of EF, the water yield factor is more conducive to finding the truth than precipitation. Through this study, the water yield factor can effectively reduce the adverse effects of climate and improve the accuracy when determining WESV in urban areas.