Vancouver Island Real Estate Appraisal Services
CUNNINGHAM & RIVARD APPRAISALS LTD. has fully qualified and certified real estate appraisers to meet all types of real property valuation needs.
Our appraisal services include:
- Land Valuations – On single family, multi-family residential, sub dividable acreages, commercial, Industrial, agricultural, Institutional, rural forestry acreage, land leases, right of way acquisitions and special purpose properties
- Consultation- Highest and best use, supply/demand (absorption) analysis, property taxation, expropriation, Investment analysis, strata contingency reserve adequacy
- Market Valuation Appraisals – All types of income producing properties including: Commercial, Industrial, multiple family, resorts, recreational along with residential properties
- Insurance Appraisals – Replacement cost new valuations and damage loss claims
- Historical (V-Day) and projected valuations, litigation preparation and expert testimony
- Valuations of various types of land including: Single family and multi-family residential, Industrial, commercial, Institutional, special purposes and long term land leases
- Consulting for feasibility purposes, including: Highest and best use, property taxation, market studies, site searches, market studies
- Appraisals for development financing, litigation, taxation, lease renewal, estate, insurance, single family, residential, multi-family, residential
What is an Appraisal?
An appraisal is an opinion of current market value provided by a trained, accredited professional. There are many reasons why you may need a professional appraisal of your property. Any decision regarding the value of real estate must be based upon an appraisal of some sort.
Reasons for an Appraisal
Here are just a few of the reasons for having your property professionally appraised:
- To obtain the current value of a property you wish to buy, sell, or finance
- Investment decisions
- Application for a mortgage
- Feasibility studies – completion value of a development
- Preparing financial statements – capital gains taxation & estate planning
- Disputing property tax assessments
- Expert testimony in negotiation, arbitration or litigation
- Establishing compensation in cases of expropriation
- Ensuring adequate insurance coverage – verifying damage claims