A legal secondary suite, confirmed through City of Saskatoon permit records, carries real income value to a lender because only permitted space can be underwritten. An unpermitted one can add close to nothing, and the two are indistinguishable in an online listing photo.
Joel also checks any existing lease against the Residential Tenancies Act, 2006 before a buyer's offer goes in, and budgets a home inspection, typically $400 to $600, into the timeline since mechanical problems affect rental cash flow directly.
That combination of permit verification and lease review is what turns a Briarwood listing into a number an investor can actually underwrite. Get your hand-reviewed valuation from Joel Dyck.