April 2022 Real Estate Statistics We have 15 appraisers servicing the GVA and Okanagan. You’ve heard enough from me over the last decade, here are some snippets of what my appraisers are observing in their service areas. It does accurately reflect the April statistics provided by the Greater Vancouver, Fraser Valley and Okanagan real estate
How to Increase Your Home Appraisal Value Several circumstances may have piqued your interest in the value of your property. Maybe you’re thinking of selling your home or buying a new property. Perhaps you need to settle a legal dispute or are seeking a loan from a financial institution. No matter the reason, a home
What is a Home Appraisal and How Much Does It Cost? A home appraisal is an essential determinant of a home’s fair market value. The process involves enlisting an appraiser who uses their skills and experience to assess a home and its property. Standardized valuation methods are then used to derive an estimate of value.
Can You Challenge a Low Home Appraisal? Home appraisals are unbiased opinions of a home’s fair market value or worth. Prospective homebuyers and homeowners wishing to refinance an existing mortgage will need a home appraisal to finalize their transactions with a mortgage company. Sometimes a transaction is disrupted by a low appraisal, resulting in a
Why You Should Hire a Real Estate Appraiser Before Investing in Property Investing in real estate, whether residential or commercial, can be a risky business. The market is unpredictable, and you stand to lose a great deal of capital should you lack insight and the necessary details to make an informed decision when you go
Covid-19 Update – April 20, 2020 At Adlaw Appraisals, we conduct residential and commercial appraisals for many purposes, including mortgage financing. We are adjusting swiftly to the necessary changes brought upon by the COVID-19 pandemic. Under the direction of both the Government of Canada and the Appraisal Institute of Canada, appraisers are no longer