An inspection of the property is required in order to verify size, location, number of rooms, built-ins, quality of construction, measurements, deficiencies, site improvements, outbuildings and views. After the inspection, the appraiser compiles an appraisal report by researching, analyzing and combining information from various reliable sources with due diligence.

We generally use two of the three valuation approaches to determine the value of a property:

Direct Comparison Approach: a value is derived by analyzing comparable properties that have sold within a given time frame and adjustments are made for the differences.

Cost Approach: a value is derived by using the cost to replace the land, plus the value to replace the improvements, minus any depreciation for the age of the dwelling.

Income Approach: a value is based on the projected income from a rental property.

Many factors affect value which include, however are not limited to: location, market conditions, physical features, size, economic characteristics, zoning and future potential

Our appraisers are all members in good standing with the Appraisal Institute of Canada (AIC) In order to become designated as a Canadian Residential Appraiser (CRA), or an Accredited Appraiser Canadian Institute (AACI), an appraiser must have an undergraduate degree in addition to undergoing an extensive accreditation program through the University of British Columbia Real Estate Division. Each appraiser has professional liability insurance in accordance with the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) and the AIC.

We value your privacy. An appraisal report is confidential and is released only to the original requestor of the appraisal report, and only to other parties with the original requestor’s permission.

We provide a fast and efficient turn-a-round time and quick response to any follow-up questions you may have.
Our firm is approved for most bank, credit union and private lending lists. The information each institution requires varies greatly and we complete our appraisal reports to meet the strictest requirements of the lenders.

We enjoy a wide client base earned from providing professional and practical residential appraisal advice of the highest quality.
Our appraisers are all members in good standing of the AIC. This allows our clients to feel confident and assured that they are receiving a well respected, thoroughly educated, and time warranted appraisal service.