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 Mount Pleasant, keep established detached housing in the same decision as inner-city routes and services. Nearby alternatives in the same decision can include Tuxedo Park and Capitol Hill.
02Reconstruct effective age
Use permits, plans, invoices, inspections and observable systems to separate original construction, additions, renovation and replacement-home work. For Mount Pleasant, keep renovated and substantially updated homes in the same decision as neighbourhood parks and gathering places. Nearby alternatives in the same decision can include Capitol Hill and Crescent Heights.
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 Mount Pleasant, keep attached or infill options in the same decision as multiple commuting options. Nearby alternatives in the same decision can include Crescent Heights and Highland 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 Mount Pleasant, 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 Highland Park and Tuxedo Park.