Joel DyckReal Broker SK Ltd.
Saskatoon · From the topic map

How do I get started selling my Nutana multi-family?

Start with a comparative market analysis using 3 to 10 recently sold comparable multi-family properties in or near Nutana, pulled from the Saskatchewan REALTORS Association's listing data, since an older neighbourhood like this needs comparables of similar age and condition rather than newer construction elsewhere in the city.

Next, gather your income documentation: current leases, a rent roll and utility arrangements, because an investor buyer's lender will underwrite the purchase on that income, and gaps in the paperwork slow financing down more than almost anything else.

Confirm permit status on every unit next. A legal secondary suite adds real value that a lender will finance; an unpermitted one does not count toward income in most underwriting, and a $400 to $600 home inspection tends to surface which is which.

Once the comparables, income documents and permit status are in hand, pricing the property becomes a much more precise exercise than guessing off an online estimate. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

Still have a question?

Ask Joel directly. No form, no obligation, and a real answer even when the answer is that now is not the time to sell.