"Aedis Appraisals was quick and efficient in providing a critique of a marketing appraisal"
Dunnaway Jackson Ouellet & Associates
Aedis Appraisals has a commercial appraisal department also functioning throughout the Vancouver Lower Mainland and the Okanagan. All our commercial appraisals are signed by an AACI (Accredited Appraiser Canadian Institute) with the Appraisal Institute of Canada and also conform to CUSPAP (Canadian Uniform Standards of Professional Appraisal Standards).
We offer quick turnaround and a customized, detailed, commercial form which can be catered to your needs. There are no “blanks” on our commercial reports unlike other commercial appraisal companies. The report only contains what you, the client, needs, including up to all 3 valuation approaches, rental analysis, cap rate analysis, building condition analysis and more.
Accurate commercial appraisal are of utmost importance, and our experience and client list ensure this. We perform commercial valuations for major lenders in Canada as well as for expert testimony purposes. Property types range from development land, to industrial/office/retail condominium units, to strip malls, commercial buildings, warehouses and hotels. We will always let you know, up front, our experience in evaluating the type of property you are dealing with so that you can be confident with the transaction.
At Aedis, our commercial property appraiser will value the property with at least 2 valuation methods, almost always with the income approach and direct comparison approach to be sure that your value is supported. The cost and development approach are also commonly employed. We always undertake a separate analysis of market rents for the area to ensure that the reported rents are in line with the current market. As well as independent analysis of vacancy rates. We have access to all commercial sales and listing data from many exclusive sources thanks to our affiliate company, Aedis Realty, and the commercial transactions and business It undertakes.
Major projects Aedis Commercial has undertaken include developing a new commercial form report, which we were independently contracted by a major BC Credit Union to build. This form, now completed and in use in our offices, has since been adopted by all the major banks and lenders in the country. The form offers you, the client, a more streamlined approach to some of the more routine commercial valuation needs which, in turn, means a quicker and more cost effective report.