Calgary Appraisals

Calgary Property Condition Assessment

Lenders and purchasers are looking for a comprehensive report that evaluates the state of a property. Our experienced team can perform a detailed inspection and report stating the current condition of the commercial property. Our experienced team will follow the ASTM Standard E2018 guidelines and will be based on building principles within the construction industry.

 

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Calgary Machinery and Equipment Appraisal

Commercial real estate values aren’t all we can find out for you at Property DNA Group, we can also perform machinery and equipment appraisals. Whether you’re buying or selling, it’s important to know what the value of the equipment in question is.

While building appraisal involves the analysis of market values, insurance, liquidation, renovations, and so much more, machinery and equipment appraisal is a little simpler. We’ll come at this valuation from a cost, market, and income approach to get a final solid value that can be used in the purchase or sale of machinery and other commercial equipment.

 

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Calgary Phase 1 Environmental Site Assessment

An environmental site assessment (ESA) is a procedure meant to identify and report issues and liabilities a site may have. ESA’s are an important component of being proactive in your loss prevention as a potential property buyer. The assessment allows for minor issues to be caught, prepared and/or dealt with before they become major issues. We offer ESAs to all potential property buyers in Calgary. Book one with us today to avoid potential liabilities in your property purchase!

A Phase I Environmental Site Assessment (ESA) is completed to:

  • Assist in reducing uncertainty regarding potential environmental liabilities and provide a basis for further investigation of the property.
  • Make informed decisions regarding property transactions
  • Identify baseline issues
  • Assist in meeting regulatory requirements
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Calgary Farm Appraisals

It is important to have an accurate perception of the value of your property before beginning the arduous process of selling a major asset.  Feel secure in the knowledge you will be receiving the full value of your farm. Especially when dealing with a specialized asset like agricultural reservers and farms our clients in Calgary are at ease in our hands.

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Calgary Condo Document Review

As anyone knows, buying real estate can be stressful. After weeks or maybe even months of looking, you find the perfect place to call home. You put an offer in and wait to see if the offer is agreed to by the seller or if the seller provides a counteroffer. Hopefully, you reach an agreement with the seller to purchase. You are excited but there are conditions which have to be meet before the sale is final. Typically, the sale conditions are as follows:

  1. Financing unless a cash deal
  2. Home inspection by a qualified home inspector (average cost: $500)
  3. Appraisal if requested by mortgage company by a qualified appraiser (average cost: $250 – $450 dependingwhere you live)

However, if you are buying a condominium, there is one other item on the list of conditions. It is a review of the condominium or strata documents (link to condo documents we review page).

What is a document review?

A document review is similar to a home inspection prior to buying. When you purchase a condominium, it is more different than purchasing a house because you are also buying into the strata/condominium corporation and you will be responsible for any existing responsibilities including the financial obligations of that strata/condominium corporation. It is like becoming a shareholder in a business.

What documents are reviewed?

  • Strata Council meeting minutes
  • Annual General Meeting (AGM) meeting minutes
  • Annual Operating budget and fee schedule including current year
  • Annual Financial statements
  • Bylaws and rules
  • Insurance Certificate
  • The “Form B”
  • Strata plans and amendments
  • Engineering reports
  • Reserve Fund Study/Depreciation Report
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A Personalized Approach

If you’re looking for a personalized approach to commercial appraisal, you’ve come to the right place. With a small and close-knit team, we use our combined years of experience to work closely with you and help you to get the best results from our valuation. Don’t let yourself get lost in a sea of clients at a larger firm. Work with a team that will make you their number one priority!

Give Us a Call Today

We’re waiting to hear from you! Helping Calgary residents get the power they need to buy or sell commercial property, machinery, equipment and more is what we’re passionate about.

Property DNA Group prides itself on getting our clients results that make them smile. So, stop waiting around and give us a call. Our knowledgeable staff can arrange an appointment and answer any questions you may have!

Get In Touch With Our Calgary Appraisers