3105 Suite G 31st Avenue
Vernon, BC V1T 2G9
Tel: (250) 542-2222
Fax: (250) 549-2566
schoenneassociates@shaw.ca

Fast, efficient appraisal reports

 

   
   
   
   
   
   
   
 


The two basic types of appraisal reports are the Residential Appraisal Form Report and the Narrative Report, both of which contain sufficient data to meet requirements of the Institutes to which the appraiser is affiliated. These give the client a concise understanding of the value estimated. The form report is most often used for residential properties (exclusive of apartment complexes), while the comprehensive narrative report is prepared when appraising industrial, commercial, investment or rural properties, or where a form report does not adequately serve the intended purpose.

Appraisal assignments are undertaken to provide current or retrospective market value for purposes such as:

  • Pre-listing & Pre-purchasing
  • Mortgage Lending Purposes
  • New Home Construction and Renovations
  • Building & Progress inspections
  • Buying or selling purposes
  • Litigation, Foreclosure & Matrimonial
  • Replacement Costs and Insurance purposes
  • Insolvency & Bankruptcy
  • Restructuring and Buy-outs
  • Employee Relocation
  • Capital Gains & Taxation
  • Expropriation & Investment Planning
  • Asset Valuation & Proposed Investments
  • Estate Planning, Administration & Settlement
Our services are available for the following properties:
  • Single Family Homes
  • Raw Land & Vacant Lots
  • Apartment & Townhouse Units
  • Duplex, Triplex & Fourplexes
  • Acreage Homes and Recreational Property
  • Commercial and Industrial
  • Retail and Office buildings
  • Development and Subdivisions


A Strata Depreciation Report, also known as a Reserve Fund Study, is a financial document which identifies the physical attributes of a strata, approximates their longevity and associated costs of replacement or renovation, and proposes a maintenance schedule and financial plan for the corporation. A strata corporation shows responsibility and prudence when exercising such a financial strategy.

A Reserve Fund Study can:
  • Ensure sufficient funding for future capital expenditures
  • Prolong the life expectancy of strata components with planned maintenance
  • Reduce the capital costs as preventative repairs are often lower then remediation
  • Avoid special assessments and levies for capital expenditures
  • Invest Reserve Fund money and earn non-taxable interest to maximize revenue
  • Attract strata unit owners by showing confidence in the strata's financials
  • Set realistic strata fees

 

 
   
 
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