Recent content by DailyMeter

Ask about conflicts before appointing anyone. Who pays or refers whom, and does compensation change if the transaction closes? A connection does not automatically invalidate the work, but it should be disclosed so you can decide whether the valuation needs a separate independent opinion.

I’d want monthly cash flow for at least the first few years, not only an annual yield. That reveals whether insurance, taxes, leasing and repairs create periods requiring additional cash.

What does “duplex” mean within your sample: a two-level dwelling, or a property divided into separate units? That distinction could materially change the buyer pool and financing considerations. I’d standardise the property description before comparing days visible or price cuts.

This would be our first rental, and I am concerned I may be overlooking an obvious cost or valuation issue. It is a 1-bed Calgary townhouse of about 590 sq ft in average condition, asking C$1,478,000. The main positives are light and location; the dated finishes and possible local supply costs...

My practical next step would be a one-page fact sheet followed by two written requests: one to the closing professional for acquisition and title items, and one to a tax or estate professional for ownership, sale and inheritance scenarios. Reconcile any conflicting assumptions before treating...

I’d push back slightly on the idea that retail is inherently simpler. The physical wear may be lower, but leasing and resale can depend on a narrower pool of occupants and buyers. Student demand may be broader, yet management intensity can rise sharply if leases and move-outs cluster together...

Long-term demand for the location does not guarantee that this particular purchase price works. Price, achievable rent, operating costs and financing are the levers. If none can improve on defensible assumptions, the attractive location may already be fully reflected in what you are paying.

I’d put less weight on financing until the price-cut timing is separated out. A reduction after two quiet weeks suggests something different from one made near day 80. Condition can also mean more than finishes; buyers may react differently to work inside the unit than to concerns affecting the...

We are adding a transaction coordinator to our Calgary property team, which raises an important question about where suitable applicants are based. The role involves market research, organised follow-up and maintaining accurate transaction records while keeping different parties informed...

Same caution with outdoor space: a private terrace directly off the living area is different from shared space or a narrow area with limited utility. Confirm access, privacy and whether it is legally attached to the unit before assigning value.

With only one completed sale, I wouldn’t apply a generic price-per-square-foot adjustment. For condition, use a range from zero if the sold property was similarly dated to a quote-backed cost allowance if it was clearly superior. For floor area, adjust only the incremental difference and test...

Losing twice can make waiving conditions feel inevitable, but those buyers may have had larger emergency funds or information you don’t have. Set a maximum amount you could spend on immediate repairs without missing the mortgage payment, then decide whether any inspection finding above that...

The exit estimate deserves equal attention. Ask a Canadian tax professional how a future sale would be handled for the buyer’s expected residency status, including capital-gains treatment, required filings and any nonresident procedures that could apply. A professional in the buyer’s country of...

For a one-year term, I would compare the total cost over that same year: interest, mandatory fees and any fee added to the mortgage, plus the remaining balance at renewal. APR can be a useful cross-check, but only when every quote uses comparable assumptions. Also run the payment at a higher...

Welcome. I’d begin with completed-price data rather than listings, then use the local board for context that the numbers cannot explain. Keep duplexes separate from other property types, and write down every transaction-cost assumption in your model so comparisons do not quietly become apples to...