INDUSTRIAL, COMMERCIAL, INVESTMENT (ICI) VALUATIONS
Industrial, Commercial, Investment (ICI) valuations can be done on any urban, rural, or recreational property throughout Manitoba and eastern Saskatchewan. These valuations are generally in-depth and will require an extensive on-site visit as well as office research. They can be done on any property including, but not limited to:
Office and Medical Centres / Retail Outlets, Strip Malls, Shopping Centres / Restaurants / Warehouses and Industrial Properties / Hotels and Motels / Mixed Use Commercial Properties / Automotive Dealerships / Grocery Stores and C-Stores / Mobile Home Parks / Commercial Lots / Residential Subdivision Development / Mini-Storage Properties / Mini-Warehouses
ICI Valuation Purposes
Pre-Listing and Pre-Sale Appraisals:
An objective and independent appraisal provides vendors, purchasers, and realtors with real estate value certainty. Everyone involved in the real estate transaction can have peace of mind knowing that fair market value has been established by an appraiser who is a member of the Appraisal Institute of Canada.
Obtaining a loan to assist your real estate purchase or renovation requires your financial partner to make lending decisions. The value of the real estate has an important role in whether the loan can be approved, the terms of approval, and the pricing. An informed decision to obtain an appraisal report helps both parties work together by bringing certainty to the property value.
In Manitoba, the courts rely on AACI designated appraisal reports to assist in making the important decisions needed to settle the estate. We complete these assignments for both individuals and law firms.
In most divorce cases, the court won’t force the parties involved to “buyout” the other party’s interest, however they may order the sale of the home so each party gets an equal share of the equity. Regardless of the situation, it’s a good idea to order an appraisal so both parties are fully aware of what the current market value is.