Joel Dyck, a REALTOR® with Real Broker SK Ltd. in Saskatoon, tells renters that a converted suite often has a different floor plan than a purpose-built rental, sometimes with less natural light or an odd layout carried over from the original office core.
For a nearby landlord, a real conversion project changes the local rental comparables, since new supply in walking distance affects what a similar unit can actually rent for.
Get your hand-reviewed valuation from Joel Dyck.