Professional Real Estate Appraisers
A professional property appraisal will streamline the process and establish the fair market value of any property. A Real Estate Appraiser is qualified to provide a completely objective valuation included in a detailed and comprehensive written report.
Real Estate Appraisers hold the following Designations : CRA (Canadian Residential Appraiser) or AACI (Accredited Appraiser Canadian Institute). The designations mean that the member has met the highest professional industry standards in Canada and their work in valuation and consulting is recognized by businesses, courts, and governments.
Residential and Commercial Real Estate Appraisal Reports
We Provide Appraisal Reports for the Following Purposes
The Appraisal Process
A typical appraisal includes a thorough inspection of the property and neighbourhood. Back in the office work includes research of the subject property and the neighbourhood. An analysis is performed and a thorough appraisal report is completed complying with the regulations set forth by the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP).
Typical Residential and Commercial Appraisal reports will include the Direct Comparison Approach to value and may include the cost approach. Income/multi-unit and Commercial properties include an Income Approach to value.
We have a seasoned team of professional Real Estate Appraisers. All of our appraisers are members of the Appraisal Institute of Canada and carry Errors & Omissions insurance.
Calculating the Market Value
Direct Comparison Approach
In its most basic form, this approach is built on the premise that the market value of a property is partly derived and comparable to surrounding properties.
Cost Approach
Since the market obviously relates to cost, this approach takes into account and analyzes market trends as defined by two specific elements: Land value and land improvements, minus depreciation.
Income Approach
Generally reserved for valuations for commercial and investment properties, determining the market value using the income capitalization approach relies on the perspective that the potential earning power of real estate is significant when calculating its actual value. Income capitalization techniques are used to analyze sales data that measures potential profit and loss.
Please call us for more information or for a consultation on your residential property at Our main office: 905-821-2062 or 905-877-6622 for Halton Hills/Georgetown area.
Testimonials
As a mortgage broker I have worked with Frank at Westview Appraisal Services for many years. His communication with myself and the clients is always amazing. Whenever I have an opportunity to use Westview Appraisal Services I always give Frank a call.
- Grant Lancaster
We have been working with Westview appraisal services since 2012. We are very satisfied with the service they provide. Frank is very thorough, prompt and professional. We will continue using their seamless appraisal services. Keep up the great work!
- Tabasum Bazaz
An amazing experience every time. He is consistent with his follow up, he is diligent respectful and honest. These are hard qualities to find in an appraisal company and I’m proud to recommend Frank every time - he is amazing …great job Frank! Kindest regards, Mauro DiCosola Mortgage Broker Lic # M08002345
- Mauro Di Cosola