Appraisal and Consulting services throughout the Vancouver Lower Mainland and Central Okanagan

Quick Turnaround Service

Residential appraisal services throughout the Vancouver Lower Mainland and Central Okanagan

At Aedis Appraisals, we know that time is money. A delayed appraisal can cost you, the lender, the deal. We guarantee a quick turnaround service (granting that we are able to access the property).

The minute that your appraisal request is submitted through the website,it is emailed to our dispatch system for immediate attention. The best part of the process is that you, the client, are able to track the progress of your appraisal order. This is done by logging in and viewing the status of your orders. The system will tell you if a message has been left with the applicant, if an appointment has been set, if the property has been inspected and more. This appraisal status is constantly updated online as it changes. If you wish, you can even have emails delivered to you for specifically designated status changes!

Try out our streamlined system. There is no more wondering as to where an appraisal is or when it will be finished - you are kept informed every step of the way.

Aedis Appraisals Commercial


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. 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.
Call us for your small and medium sized commercial property needs, we’d be happy to give you a quote over the phone!

Reserve Fund Studies – Condominiums and Commercial Buildings

Aedis Appraisals now offers Depreciation Reports / Reserve Fund Studies. Our reports are detailed, easy to understand and competitively priced. They are more than just a capital plan as they allow you to not only plan for future building upgrades, but also to budget for them. We provide a comprehensive service and will work with you to help determine which upgrades are the most urgent and which ones can be planned for in the future, so that the plan is not only prudent but also reachable. All our reports, as with our commercial department, are signed by an AACI (Accredited Appraiser Canadian Institute) so you know that our real estate and building construction experience can be relied on for your future well being. In addition, our reports will always meet and exceed all Provincial requirements set in the Strata Property Act.
Call for a quote today

Aedis Erent

Do you require a letter of economic rent only? Aedis now provides this service in a streamlined, automated format so can obtain it easily and quickly! Our rent letters are only $35 each with $10 per additional suite (if applicable). We guarantee that they will be accepted by ALL lenders.

Aedis Erent coverage is now throughout

Access Aedis Erent here www.aediserent.com

Aedis Internship Program – NEW!

Are you a candidate member of the Appraisal Institute of Canada, now seeking to gain experience in the residential appraisal market? The Aedis Internship Program may be just the head start you’re looking for! We offer a three month internship program, where you’ll have the opportunity to apply your educational experience into practice.
The program involves regular lessons and applications in:

  1. Property Inventory (how to measure homes, take note of value components, identify construction and design elements and more)
  2. Research (what and how to obtain from City Hall, BC Assessment and other regulatory bodies)
  3. Report Writing (how to create a report that the client/reader will appreciate, what is important to the reader and how to express it)
  4. Appraisal Concepts (how to gauge accurately effective age, economic life, condition ratings, neighbourhood analysis and other)
  5. Mathematical Derivations and Adjusting (how to support your adjustments with market based evidence quickly and accurately, how to establish land value, how to gauge and calculate depreciation and more)
  6. The Business End (why people need appraisals, how to interact and help them, what to say/what not to say, finding new opportunities)

If this sounds exciting and interesting – you are just the candidate we are looking for! (and you also may need a medical checkup!). 
But that’s ok because we get excited about appraising too – send your resume and cover letter to operations@aedisappraisals.com and be sure to include your desired start date. We will follow up with you, we promise.

 

 

Our Services

Registered users may logon and track their appraisal orders.
If you are a new user, click "order appraisal" and you will be prompted for your company information so you can set up an account. Once your account is set up you may order and track your appraisals.

Client Login
Order Appraisal


Contact Us

We are located in Downtown Vancouver
1086 Hornby Street
Vancouver, BC
V6Z 1V6
604 682 7585 - office
604 222 4720 - fax

Click here to contact us via email

News & Information

Appraiser Certification:

All appraisals ordered through Aedis are performed by residential appraisers...

Learn more

Appraisals 101:

Watch the informative interview with Ian Watt and Jason Upton explaining what an appraisal is and why you need one...

Watch Video

Market Update, March, 2012:

There is a distinct shift of favour occurring in the market from the sellers to the buyers...

Learn more

 

Appraiser Certification

All appraisals ordered through Aedis are performed by residential appraisers who are members of the Appraisal Institute of Canada. Further, reports are authored or co-signed by an appraiser holding the CRA (Canadian Residential Appraiser) designation. All appraisers carry up to date liability insurance and have undergone training and certification as per Appraisal Institute of Canada standards.

For more information on the Appraisal Institute of Canada visit aicanada website


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Market Update – March, 2012


Market Update

2012 has started off as many, including I, have predicted, with some cooling of demand. Although price levels in detached markets such as Vancouver and the immediate suburbs of Richmond, Burnaby, North Vancouver and West Vancouver continue to increase, this rate of increase has slowed. This reduction of demand has caused inventory levels in these sectors to increase 25-30% from the previous year. This will pose to be a healthy damper to quell the seemingly endless double digit price increases. Now, while this may be welcome news for those categories of the market, it will not be for many other markets, such as condominium and detached in the further suburbs who have not experienced substantial price level increases since 2007.
It is safe to say that, as I write this article, in early March, there is a distinct shift of favour occurring in the market from the sellers to the buyers, but for once, in all markets. This presents an interesting and opportunistic time for buyers in the Vancouver Lower Mainland. As interest rates are at all time low and buyers finally have some power in the negotiation process, the environment for prudent buying is quite attractive. The added supply presents more options for buyers in investing and home hunting alike.
This new trend (but old) in BC real estate may in fact be in fact stay in place for some time. Price levels have reached such a level that added increases are simply contrary to a typical applicant’s ability to finance. Wage levels are not and do not appear, in the near future, to be subject to extraordinary inflationary pressures. In addition, the Federal government continues to place controls on mortgagors such as limited amortizations, elimination of “stated income” and more stringent banking laws overall. This is the opposite of what was happening in the mid 2000’s extended am’s and mortgage approvals based on the mirror (fog) test.
The United States has led the way with more regulation in the industry, as they often do, and this cannot help but trickle across the border to us also. World markets, for years now, continue to offer instability, almost to the point of stability. This probably won’t be changing anytime soon as the countries with the most serious economic problems, in Europe, will take many more years to be straightened out.  Of course China continues to be a dominant force on the globe with an ever growing middle class, many of whom seek to invest here in British Columbia.
In BC, politically, we are now closing on a 12 month window to the next election and, for the first time in over a decade, a change of administration is very possible. This change, if it occurs, will certainly have an effect on the economy, either through added taxation, public economic confidence, or both.  The real estate market is already beginning to mildly discount for this distinct possibility, which is a good thing. Those who want to get out of the game at the top, are doing so.

Overall, the aforementioned factors point to an overall outcome of balance, with little propensity for further continued price increases. Certainly, there will be some price settling in many market categories but not likely to be any cataclysmic collapses. Sellers, as always, will hold onto their assets if they do not achieve the price levels they desire, while buyers now will have options for prudent and wise investing given the added inventory and continued low interest rates.  This changing climate appears to be setting in like the clutch in a new car, however this time it may be more akin to a Ford than a Porsche



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