Because Briarwood was built out as single-family housing, an existing multi-family property here is either a legal secondary suite added after construction or an unusual original build, and either case needs its permit history confirmed before a buyer counts on the rental income.
Joel reads the rent roll against The Residential Tenancies Act, 2006, budgets a $400 to $600 home inspection into the offer, and factors in the $800 to $1,500 in legal fees any Saskatchewan closing carries through a lawyer.
That documentation is what separates a confident offer from a guess, and it is why Joel's hand-reviewed valuation is built around what a Briarwood multi-family property can actually support rather than what the listing claims.
Get your hand-reviewed valuation from Joel Dyck.