Industrial and Institutional

Industrial and institutional use buildings tend to be unique and individual in their design, use, and corresponding valuations.  These types of valuations are more in-depth and will require an extensive on-site visit as well as office research.  They often require a significant amount of research to ensure the appropriate approach to valuation is obtained.  They can be done on any property including:

  • Warehouses and Industrial Properties
  • Mixed Use Properties
  • Automotive Dealerships
  • Mobile Home Parks
  • Churches
  • Senior Citizen Housing
  • Mini-Storage Properties / Mini-Warehouses

These appraisals can be used for a number of purposes including the following.

Pre-Listing and Pre-Sale Appraisals:
An objective and independent appraisal provides vendors, purchasers and realtors with real estate value certainty. Everyone involved can have peace of mind going into a real estate transaction, that fair market value has been established by an appraiser who is a member of the Appraisal Institute of Canada of which includes all the appraisers in our firm.

Mortgage Financing:
Obtaining a loan to assist your real estate purchase or renovation requires your financial partner to make lending decisions. The value of the real estate has an important role in whether or not the loan can be approved, the terms of approval, and the pricing. An informed decision to obtain an appraisal report helps both parties work together by bringing certainty to the property value. You have other things to do than wonder if there is enough security for the loan. Our firm can help you get the answers you need within a time frame that reflects our commitment to you.

Corporate Planning:
In Manitoba, the courts rely on CRA or AACI appraisal reports to assist in making the important decisions needed to settle the estate. We have completed many of these assignments for both individuals and law firms.