Our Certified Appraisers are members in good standing of the Personal
Property Appraisers Group of Canada and enable us to offer
you complete and professional appraisal services. Our Appraisals and
Reports are prepared in compliance with the standards and practices
of the PPAGC and are subject to review by the Certified Personal
Property Appraisers' Group of Canada, or their duly authorized committee.
We offer extensive Appraisal services for Estate Settlements and all
other Personal needs. Full services are also available for all
Business needs, such as buying, selling or liquidating an operational
business, asset disposal for non-operational businesses, insurance
claims and other legal considerations.
Appraisals cover the Value Categories of Fair Market Value,
Value-in-Place and Liquidation Value, as they are applicable to the
location’s city and region.
The price of an Appraisal is based on a rate of $150.00 initial
call-out for professional services: including viewing the
merchandise, taking pictures, cataloging property, research,
write-up, and travel. Additional travel, research, consultation
and documentation will be billed at $75.00 an hour (Plus GST of 7%)
Expenses such as photocopying, photo sets, and report typing are
billed separately at cost.
The total cost is dependant upon the quantity of property involved,
travel time, and how extensive a report is required to be to meet
your specific needs. You can discuss this in advance with any one of
our Appraisers. Appointments are required for all appraisal
consultations, but our staff are quite accommodating and sensitive to
your circumstances.
Appraisals are evaluated based one of the three following categories,
depending upon which is best suited to your needs. Consideration is
also given to the current economic conditions of the city and region
in which the property and/or business is located.
Fair Market Value: The price at which the property would change hands
between a willing buyer and a willing seller, neither being under
compulsion to sell or purchase and both having reasonable knowledge
of the relevant facts.
An example would be the evaluation of an Estate.
Liquidation Value: The price at which the property would change hands
when there was a financial situation, or other limiting
circumstances, existing at the time of sale so as to require a sacrifice.
An example would be in the event of a bankruptcy.
Market-in-Place Value: A professional opinion of the estimated value
to be realized for the property as installed for its intended use, in
an exchange between a willing buyer and a willing seller, neither
being under any compulsion to either buy or sell.
An example would be the equipment and furnishings of an operating
business seeking to sell, secure financing for expansion, or for an
insurance claim.
