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 Parkdale, keep established detached housing in the same decision as inner-city routes and services. Nearby alternatives in the same decision can include Montgomery and West Hillhurst.
02Reconstruct effective age
Use permits, plans, invoices, inspections and observable systems to separate original construction, additions, renovation and replacement-home work. For Parkdale, keep renovated and substantially updated homes in the same decision as neighbourhood parks and gathering places. Nearby alternatives in the same decision can include West Hillhurst and Point McKay.
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 Parkdale, keep attached or infill options in the same decision as multiple commuting options. Nearby alternatives in the same decision can include Point McKay and University Heights.
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 Parkdale, 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 University Heights and Montgomery.