The City of Saskatoon requires a building permit before a lender or appraiser will count a suite's rental income, and newer construction like Aspen Ridge's tends to already have the ceiling height, window placement and separate entrance options that an older basement was never built with, so the retrofit is smaller.
Being quieter and less built out than Evergreen also helps a suite pencil out as a rental against the citywide benchmark of $444,700, since a tenant renting a secondary suite here is buying into a newer, less crowded pocket of the east side rather than a busier, older street.
Joel Dyck can confirm whether a specific Aspen Ridge property's basement already meets the permit standard or what it would take to get there. Get your hand-reviewed valuation from Joel Dyck.