The purpose of an appraisal is to establish an appraiser’s formal opinion of property value for a service fee, to be relied on by the intended parties for a specific purpose. An appraisal involves researching appropriate market areas and analyzing data which is relevant to the subject property. The appraiser’s familiarity, preparation and professional judgment on the investigated information contributes to a final estimate of value.

All appraisal reports are completed in compliance with the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) and each appraiser is bound by a confidentiality agreement whether verbal or written between themselves and the client.

An appraisal is necessary for various situations including: purchasing, re-financing or selling a property, estate planning, marital arrangements and agreements, or BC Assessment appeals, etc. An appraisal may be relied on by lenders (banks), lawyers, accountants, corporations, courts, tax officials, realtor’s, property managers, insurance brokers and underwriters as well as any other professional who requires an impartial and independent opinion.

TYPES OF PROPERTIES WE APPRAISE

  • Land
  • Agricultural Property
  • Multi Family (condominium and rental)
  • Commercial (retail, office)
  • Institutional (schools and hospitals)
  • Mobile Home Parks
  • Care Homes
  • Golf Courses
  • Accommodation (hotels/motels/resorts)
  • Vineyards and Wineries
  • Waterfront Property
  • Master Planned Communities
  • Development Projects
  • Mixed Use
  • Right-of-Ways
  • Park/Conservation Areas
  • Industrial- (warehouse, manufacturing, mills)
  • Hospitality (pubs & liquor stores)

AN APPRAISAL REPORT WILL INCLUDE

  • Estimate of value
  • Effective date of the appraisal (current, retrospective or prospective)
  • Certification and signature
  • Purpose of the appraisal
  • Scope of work
  • Qualifying conditions
  • Description of the neighbourhood
  • An identification of the property and its ownership
  • An analysis and interpretation of the data and the assumptions made
  • The processing of the data of one or more of the three approaches to value
  • All supporting material such as maps, plans and photography
“Kent-Macpherson has been our family and businesses real estate valuation professionals for over 20 years. Whether at Tallus Ridge, or our many past and current real estate ventures, Kent-Macpherson consistently provides quality and reliable real estate advice we respect and trust.”
TRENT KITSCH • Project Manager Tallus Ridge at Shannon Lake