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 Lakeview, keep established detached housing in the same decision as inner-city routes and services. Nearby alternatives in the same decision can include North Glenmore Park and Garrison Green.
02Reconstruct effective age
Use permits, plans, invoices, inspections and observable systems to separate original construction, additions, renovation and replacement-home work. For Lakeview, keep renovated and substantially updated homes in the same decision as neighbourhood parks and gathering places. Nearby alternatives in the same decision can include Garrison Green and Currie Barracks.
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 Lakeview, keep attached or infill options in the same decision as multiple commuting options. Nearby alternatives in the same decision can include Currie Barracks and Lincoln Park.
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 Lakeview, 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 Lincoln Park and North Glenmore Park.