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I’d turn this into three scenarios rather than force one valuation: dated as-is, sensibly updated, and a downside case with higher ongoing charges or building work. Then test each against the completed sale and use the asking comparables only as supporting evidence. Before refining the numbers...

A neighbourhood split is essential. One citywide number can conceal differences in unit size, condition and location, even within condos. Could the next version show counts by neighbourhood and distinguish studios, family-sized units and any atypical properties? No need to publish a percentage...

Mila’s point about the buyer pool is important. A 200 m² studio may be simple physically but unusual as a resale proposition, so compare it with units of similar size and layout—not with smaller studios generally. Before deciding, I’d request the shared-building records and insurance details...