- Joined
- Dec 14, 2013
- Messages
- 980
Looking for some experienced hands here.
I have a 980 SF Mill Woods bi-level legal suite and am trying to estimate a value for the suite. My Realtor has great comps in the neighbourhood but we are struggling to land on a value for the suite. Separate laundry.
Think of a renovated Mainstreet quality street - that is what I renovate to.
It was legally permitted with only the one furnace.
My Realtor suggested the premium at $25,000. I think it is lower but the market is still a bit bubbly for rental suites (IMHO) and there is obviously value in achieving the permits.
Thanks!
I have a 980 SF Mill Woods bi-level legal suite and am trying to estimate a value for the suite. My Realtor has great comps in the neighbourhood but we are struggling to land on a value for the suite. Separate laundry.
Think of a renovated Mainstreet quality street - that is what I renovate to.
It was legally permitted with only the one furnace.
My Realtor suggested the premium at $25,000. I think it is lower but the market is still a bit bubbly for rental suites (IMHO) and there is obviously value in achieving the permits.
Thanks!