• Real Estate Appraisal

The value of knowing your property’s worth

Every component of a real estate appraisal highlights the need to get the details right.

One key detail is the purpose of the appraisal. Common purposes include obtaining financing from a bank, insuring the property, and buying or selling the property. Business leaders will also recognize other needs: Disputing a property tax assessment. Determining compensation if a government body expropriates land. Planning and reorganizing business affairs to optimize for personal or corporate tax.

Another detail is location, the variable in all real estate. A reliable appraisal report takes a nuanced look at the property value in that market based on comparable properties.

BDO’s Real Estate Appraisal team digs into the details to create authoritative appraisals for every use case. Building on deep knowledge of Canada’s real estate and construction sector, our team tailors its approach and resources to the scale and volume of each real estate appraisal it completes—whether small, medium, or large-scale. The team collaborates closely with clients, responding quickly when time means money—or even the loss of a deal.

Many clients find our breadth of coverage particularly helpful. Our integrated, national team applies its in-depth, local knowledge of real estate markets across most of Canada and extending to the U.S. This allows us to serve clients with large portfolios in multiple jurisdictions. As part of a large multi-services firm, the Real Estate Appraisal team can also bring in colleagues who specialize in Tax, Financial Reporting, Transactions, and other complementary areas of Valuation.

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