Understanding Appraisals

Residential Appraisal Process
Consumers Guide to Appraisals

The Appraisal Institute of Canada (AIC)
has developed these guides to provide
current and prospective real property
owners and investors with advice and
guidance on how to:

• effectively hire a professional appraiser to complete an appraisal of their property; and,
• understand the process of appraising real estate.

The Real Value of Real Property
Appraisal Institute of Canada – Guide to Property Values

Property owners and investors can save time,
expenses and heartache by first consulting with an
AIC-Designated Member (AACI or CRA) to conduct a
comprehensive valuation of their property.

Value-Add of an AIC- Designated Appraiser
It is important to know the real value of a property before
making any business or personal decisions. AIC-designated
appraisers are highly qualified professionals, who are trained
to complete appraisal, appraisal review, and appraisal
consulting assignments for many types of real property
including, but not limited to:
• residential dwellings
• shopping centers
• hotels and other lodging facilities
• office buildings
• rental properties
• condominiums
• industrial sites
• vacant land, parking sites
• special purpose properties
• recreational properties
• agricultural properties
• retirement and long-term care facilities

Experts in Their Field
With the breadth and depth of the AIC’s
membership comes specialized expertise in niche areas such as,
but not limited to:
•arbitration, mediation, negotiation
• expert testimony, litigation support
• due diligence and best practice
• business valuation
• tax assessment appeals
• feasibility studies
• cost-benefit studies
• market analysis and market rent studies
• reserve fund studies
• asset/portfolio management

Become informed. For more information download the Industry Guide to Understanding the Fundamentals of Real Estate Appraisal.

Muskoka Appraiser AACI
Muskoka Real Estate Appraiser