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Read more on Navigating Mold and Asbestos in Older Buildings
TagsAppraisals & Inspections, News

Navigating Mold and Asbestos in Older Buildings

Older buildings, while exuding charm and historical significance, can also harbour hidden dangers that pose serious health risks. Two of the most prevalent issues in such structures are mold and asbestos. Understanding how to detect, evaluate, and remediate these hazards is crucial, especially for stakeholders in the real estate and property management sectors, involved in…

Read more on Rising Deductibles and Insurance Premiums Threatens Condo Resale Values
TagsAppraisals & Inspections, Commercial Real Estate Appraisal, News, Real Estate Appraisals

Rising Deductibles and Insurance Premiums Threatens Condo Resale Values

Now is not the best time to own a condo. Due to the rising number of natural disasters and reconstruction costs, some insurers are backing out of the condominium market. As such, insurance premiums for condo buildings are rapidly spiralling upward in Canada. Unfortunately, this isn’t the only component that’s challenging the wallets of condo…