What condo units exist in or near Arbor Creek tend to be smaller townhouse-style buildings rather than large apartment blocks, so comparable sales are thin and often months apart.
Because comparables are thin, a single recent sale can skew a per-unit estimate badly, and a buyer's lender will still want the condominium corporation's reserve fund and bylaws reviewed before approving financing regardless of how few sales exist.
Joel Dyck prices from whatever genuinely comparable Arbor Creek sales exist rather than an average pulled from the wider University Heights sector. Get your hand-reviewed valuation from Joel Dyck.