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The ideal result is a sound building with an interior the buyer can update, but appearances may hide expensive common work. Fresh paint in the lobby has little value if lifts, drainage or other shared services are approaching replacement. Ask for details of completed and scheduled projects...

The next step is a simple comparison table: completed or asking price, date, exact micro-location, floor area, condition grade, tenure or lease length, service charges, parking, outdoor space and outlook. Mark unknowns rather than guessing. Then calculate an adjusted range anchored by the...