If you own a home, it is likely you will need a real estate appraisal at some point. Our residential division delivers on-time professional real estate appraisals.
There are several reasons where a designated Canadian Residential Appraiser (CRA, P.App) can assist property owners:
- Buying real estate
- Selling real estate
- Planning your estate
- Retirement planning
- Property tax assessment appeals
- Capital Gains
- Insurance coverage
We also understand that not all real estate appraisals are for market value. Our offices have extensive experience in a variety of types of valuations to meet the needs of our clients, including:
- market value (current, prospective, or retrospective),
- progress inspection,
- replacement or reproduction cost,
- litigation support & expert testimony
- arbitration, mediation, & negotiation
- expropriation, or
- “as complete”
At Brunsdon Lawrek & Associates, we have experience in a broad spectrum of residential real estate including new and existing homes, condominiums, multi-residential (up to fourplex), and acreages among others. Chances are, if it’s in Saskatchewan, we’ve done it.
Local knowledge is an essential element in providing respectable valuations and advice. Our experienced team takes pride in producing reliable, durable and high-performing services to all types of clients within Saskatchewan. With more than 30 years of experience in Saskatchewan, we strive to ensure we understand our client’s goals and requirements, and are committed to serving your appraisal needs. Our team members are also approved by several national financial lending institutions, and regional and local Credit Unions.
Brunsdon Lawrek & Associates is committed to offering professional real estate appraisal services that ensure high quality reports and excellent customer service. As Canadian Residential Appraiser (CRA) professionals, we are obligated to provide our clients with unbiased and objective opinions of value and advice. Learn more about our professional standards of practice here.
Our residential valuation and advisory services are completed by a licensed Canadian Residential Appraiser (CRA, P.App) and are good standing members of the Appraisal Institute of Canada (AIC). Designated members may undertake a residential real property assignment where they have demonstrated competence with the residential property type and the geographic and market influences that impact value on residential dwellings containing not more than four self-contained family housing units or an individual undeveloped residential dwelling site.
Our Saskatoon Office has 2 CRA, P.App designated appraisers and 1 AIC Candidate member, and our Regina Office has 4 CRA, P.App designated appraisers. Many of our professional staff are approved by national, regional, and local financial lending institutions. Learn more about our team here.
We strive to ensure our clients receive the highest quality real estate advice and services. It all starts with understanding your requirements and objectives, then tailoring our services to fit those objectives. Our appraisal and consulting services are completed according to the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP). We provide an analysis on the property history, city and neighbourhood, and highest and best use. We inspect and provide a thorough description of the site and improvements. Our services are provided in a timely manner on the most up-to-date form reports or narrative, if required.
My house cost $300,000 to build. Will the appraised value be $300,000?
Not necessarily. While the cost of construction is one of the factors considered by the appraiser, residential valuation primarily relies on the Direct Comparison Approach in which your home is compared to other homes in the area that have recently sold. If your $300,000 home was built in a location where typical dwellings sell for a much lower or higher value, the conclusion of value may be lower or higher than the cost to build.
I am getting a mortgage on my home. Should I order an appraisal?
Before ordering an appraisal, ask your potential lender. Many lenders order an appraisal for their own purposes and won’t accept an appraisal you have obtained. A few lenders may permit you to get your own appraisal in which case you choose the appraiser, pay the fee and the report is sent to you as the client (and sent to the lender if you so request), with the lender named as the intended user. Some lenders have an approved list of appraisers so make sure the appraiser you choose is on the lender’s approved list.
When a real estate appraisal is for financing purposes do I get a copy of the report?
If the report is ordered by an appraisal management company on behalf of a lender, the report belongs to the lender and they may choose not to share the report with you, even though you paid for it. In this case the appraisal management company and the lender are our clients and we cannot share a copy of the report with you without written permission.
If you ordered the report and paid for it, but the lender requested that they be named as the client and intended user, and we are directed to send the report to them, the lender may choose not to share the report with you. In this instance the lender is our client and we cannot share a copy of the report with you.
If you ordered the report, paid for it and you are named as the client, it is your report. It is important to note that lenders may want to be named as the client and intended user in a report.
More Questions? If you have more questions regarding our real estate appraisal services, please contact us by phone or email and one of our appraisers would be happy to assist you.