Institutional use buildings tend to be unique and individual in their design, use, and corresponding valuations. These types of valuations are more in-depth and will require an extensive on-site visit as well as office research. They often require a significant amount of research to ensure the appropriate approach to valuation is obtained. Institutional valuations can be done on any property in Manitoba and eastern Saskatchewan including, but not limited to:
Churches / Places of Worship / Community Service Buildings
Institutional 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.
For institutional properties in Manitoba, the courts rely on AACI appraisal reports to assist in making the important decisions needed to settle the estate. We complete these assignments for both individuals and law firms.