Comparable sales are the second part of it. Joel prices a suite against genuinely similar, similarly legal properties rather than a blended neighbourhood average that mixes permitted and unpermitted suites together, which is how two identical-looking basements can end up supporting very different offers, a gap a $400 to $600 home inspection often confirms rather than creates.
Commission in Saskatchewan is negotiable and often tiered, a higher rate on the first portion of the price and a lower rate on the balance, and Joel discusses that structure upfront rather than leaving an investor to guess at it after an offer is already in.
Investors who want a number they can actually underwrite, not a neighbourhood guess, are the ones who come back for a second property. Get your hand-reviewed valuation from Joel Dyck.