All of our appraisers at S. Rayner & Associates are AIC-designated which means you will receive an expert, unbiased opinion for your residential property. Our goal is to ensure you are well-informed so you can make the best decision possible whenever you are:
- Building a new structure
- Buying a property
- Selling a property
- Financing or refinancing
- Investing in Real Estate
- Reviewing past property tax assessments
- Assessing your capital gains
- Making an insurance claim
- Determining or facing expropriation
- Valuing property for matrimonial purposes, arbitration, or other legal matters
- Determining property values to meet International Financial Reporting Standards (IFRS)
- Reserve fund studies or depreciation reports for condominium/strata properties
Our AIC-designated residential appraisers offer expertise in the following:
- Expert testimony
- Litigation support
- Cost-benefit analysis
- Feasibility studies
- Foreclosure proceedings
- Insurance and replacement cost
- Determining Relocation costs
- Market analysis
- Reserve fund studies
- Portfolio management
- Right of way, easement, partial takings
- Tax assessment appeals
- First Nation land claims
- Machinery and equipment valuation
- Green/Solar evaluation
- Market rent studies
Our AIC-approved appraisers assess the type of residential property being appraised along with the complexity and scope of the assignment when determining the type of report to complete for their clients. Form reports are most commonly used for completing appraisal reports on residential properties.
Several methodologies can be used by our residential appraisers, depending on the scope and property type.
This approach determines residential property value by locating and comparing properties of similar size and attributes along with completed or pending sales.
This method determines value by assessing the land and building separately, then once finalized combines them for an overall value. This is especially useful if the property is new and has less depreciation.
This approach is beneficial when the property generates income such as a rental property. The potential revenue over time is considered along with the actual value of the land and property. Most common for commercial properties, not residential.