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

How do you price a two-family home in Erindale?

A two-family home in Erindale is priced two ways at once, as a residential comparable sale and as an income property, with the higher-supported number usually winning. The Saskatchewan REALTORS Association's citywide benchmark of $444,700 is a useful starting anchor, but a two-family property adjusts from it based on what the second unit actually contributes.

The second unit only adds full value if it is legal and documented. A secondary suite permitted through the City of Saskatoon and generating verifiable rent supports a real income-approach valuation, while an unpermitted or undocumented suite is exactly the kind of improvement a standard comparative report misses entirely.

Condition on both units matters just as much as the rent roll. A tenant-occupied unit that has not been updated in years can drag the whole property's value down even if the main unit shows well.

Getting an accurate number on a two-family property means walking both units, not just running comparables. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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