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

How do you price a two-family or three-family home in Sutherland?

Saskatoon does not classify homes as two-family or three-family the way some US cities do; the equivalent here is a legally permitted duplex or multi-unit property, and the City of Saskatoon prices it through an income approach that weighs rent against comparable sales, not a flat per-unit multiplier.

Permit status decides almost everything. A duplex or secondary suite with a City of Saskatoon building permit lets a lender count the rental income toward the property's value, while an unpermitted second or third unit, even if it is well finished, often gets valued closer to a single-family home because that income cannot be underwritten.

In Sutherland, an established Saskatoon neighbourhood with a mix of older housing stock, that permit question comes up often enough that a buyer's own home inspection, typically $400 to $600, should specifically confirm egress, fire separation and a legal second entrance rather than take a listing's word for it.

Pricing a multi-unit Sutherland property correctly means valuing the real income the permits support, not the income the layout suggests. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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