Estate and Probate Appraisal

Whether ordered by a lawyer, accountant, executor or family member, an estate appraisal is a key legal document that determines the fair market value of property to settle a will or complete probate so that the home can be sold. As such, it’s vital to enlist the help of a professional real estate appraiser certified by and in good standing with the Appraisal Institute of Canada (AIC).

At D. Fritz Appraisals Inc., our team operates according to the highest standards of professionalism in estate property valuations, with expertise in the local real estate market that spans several decades. Our certified appraisers provide trusted advice and reports, with sensitivity to our clients’ needs during a difficult time. With fast turnaround times to aid the legal process, we provide appraisal services on Vancouver Island from Victoria to Nanaimo, as well as the Gulf Islands.

How We Conduct Estate Appraisals

We approach estate appraisals much like appraisals for mortgage loans, except that we date our appraisal retroactively to the date of passing, which may be recent, or a year or more ago. For final probate, we assess the current value to determine how much tax the estate will pay.

To determine the value of the home, our appraisers will inspect the property, taking note of home’s size, quality of construction and condition; as well as the physical details of the lot, including outbuildings and landscaping. We also consider the home’s location, including proximity to amenities, parks, beaches and anything detrimental to the value.

We then research house prices for comparable properties in the area within a relevant period of time. After a thorough analysis of the data, we prepare a full appraisal report containing our detailed evaluation of the property’s market value.

It’s important to note that in addition to our ongoing commitment to professional education and development, our certified appraisers also maintain liability insurance as regulated by Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) and the AIC. We believe our credentials, expertise and high calibre client services make us the best choice for estate valuations in the area.

Contact Us Regarding Estate and Probate

Related Links

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We’re Hiring!
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Job Title: AIC Candidate Appraiser

D. Fritz Appraisals Inc. is an established Real Estate Appraisal company that has been part of the Capital and Cowichan Valley community since 1998. We are excited to announce our company is ready to grow again and are searching for an AIC Candidate Appraiser to join our busy team to expand up-island in Nanaimo and the surrounding area.

The position available will be an independent contract, with a commission-based fee split. The successful Candidate will work under and be mentored by our AACI designated Appraiser. Our small team also consists of a CRA designated Appraiser (owner), three other AIC Candidates, and two Office Administrators. This is a work from home position, with an online virtual office to maintain and encourage communication and teamwork within the company. All computer software will be provided.

Responsibilities Include:

·      Perform on-site inspections, ensuring measurement accuracy, taking photographs and data collection;

·      Pull comparable sales and assign values to complete appraisal reports efficiently;

·      Meet turnaround times to ensure client satisfaction;

·      Develop relationships with lenders, brokers, clients, and other members of the public;

·      Continuously improve their knowledge regarding cost, market, and valuation trends;

·      Abide by all company policies and procedures­­­;

·      Attend staff meetings as required.

Qualifications Needed:

·      Valid Driver’s License and driving record that meets company standards

·      Clean Criminal Record check

·      A keen interest and knowledge of Vancouver Island’s real estate market

·      Registered Candidate Appraiser with the Appraisal Institute of Canada (AIC)

·      Must have proficient writing skills, be thorough and attentive to detail

Please forward a PDF copy of your resume and cover letter to [email protected].