01Start with the parcel
Confirm dimensions, orientation, grade, access, easements, restrictive instruments and current land use before treating redevelopment potential as part of value. For Point McKay, keep established detached housing in the same decision as inner-city routes and services. Nearby alternatives in the same decision can include Montgomery and Parkdale.
02Reconstruct effective age
Use permits, plans, invoices, inspections and observable systems to separate original construction, additions, renovation and replacement-home work. For Point McKay, keep renovated and substantially updated homes in the same decision as neighbourhood parks and gathering places. Nearby alternatives in the same decision can include Parkdale and Bowness.
03Read the immediate block
Neighbouring forms, active applications, lane conditions, traffic exposure, trees, privacy and construction activity can change the experience between nearby streets. For Point McKay, keep attached or infill options in the same decision as multiple commuting options. Nearby alternatives in the same decision can include Bowness and West Hillhurst.
04Build the right comparison
Original homes, renovated properties, attached infills and newer detached builds are not automatic substitutes. Normalize land, finished product, parking, condition and documentation. For Point McKay, keep different lot and redevelopment contexts in the same decision as a street-by-street residential experience. Nearby alternatives in the same decision can include West Hillhurst and Montgomery.