Residential
A residential appraisal estimates the market value of a property as of a specific date and is typically completed on an industry-standard form report.
Commercial
A typical commercial appraisal is a narrative report that includes a detailed description of the property, the land use controls governing its use and development, a Highest and Best Use analysis and a detailed valuation.
Insurance
Property owners, managers, strata corporations and/or insurance agents obtain an insurance appraisal for their property as part of risk management practices, as it provides a third-party unbiased valuation of the property’s replacement cost.
