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 Richmond, keep established detached housing in the same decision as inner-city routes and services. Nearby alternatives in the same decision can include Killarney/Glengarry and South Calgary.
02Reconstruct effective age
Use permits, plans, invoices, inspections and observable systems to separate original construction, additions, renovation and replacement-home work. For Richmond, keep renovated and substantially updated homes in the same decision as neighbourhood parks and gathering places. Nearby alternatives in the same decision can include South Calgary and Garrison Woods.
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 Richmond, keep attached or infill options in the same decision as multiple commuting options. Nearby alternatives in the same decision can include Garrison Woods and Altadore.
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 Richmond, 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 Altadore and Killarney/Glengarry.