Determine Value of Underground Parking Stall in Quarry Park Condo Building
I have been trying to figure out fair market value for the last heated underground parking stall that is for sale in our condo building and is not currently attached to any units in our building. There is a waitlist of folks who are interested in purchasing this last titled parking stall, and it has been offered to me first.
I have read that titled parking stalls can go as high as $45,000, but that’s in the downtown area. I have not been able to find what estimated fair market pricing would be in the suburbs in today’s market conditions.
Can anybody point me to where I could find this out before I start negotiations with the Developer? I have checked numerous property assessments, but City of Calgary assessments are not true property values.
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