Residential appraisal 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, Sept, 2011:

The Lower Mainland real estate market is likely going to experience increased activity this fall...

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 – September, 2011


After three months of reduced activity this summer (June, July & August), the Lower Mainland real estate market is likely going to experience increased activity this fall.
This trend harkens back to days of “normal”, seasonal, market swings - which has not been the case in the recent tumultuous years.

Traditionally, the summer has been a quieter time in the Vancouver real estate market and this year has certainly been reminiscent of that trend. It may be that, overall, the customary market cycles have returned and the wild fluctuations have passed, for now.

Throughout the last two years, many components of the Lower Mainland have experienced considerable market value increases, particularly in the detached category of Vancouver, Richmond, Burnaby, North Vancouver and West Vancouver. This has largely been due to foreign investment, prevailing low interest rates and lack of supply.  Naturally, new single family development in these communities is virtually non-existent. 

Detached homes in Surrey, Delta, Tri Cities, Pitt Meadows and Maple Ridge have certainly seen increases also, but not to the same degree. Whereas, communities further east (Mission, Abbotsford & Chilliwack) have not yet made a recovery from the 2008/2009 price correction. The Okanagan has also not fully recovered, falling short of the 2007/2008 highs but about 10-15% still.

Condominium price activity has been mostly balanced throughout the Lower Mainland over the last two years, with some slightly to moderately declining prices further out of the Vancouver core. This is due to an overall abundance of supply which has only been further increased with continued new construction.

With interest rates expected to remain low for at least a year, there is no requisite panic buying likely and, by the same measure, no expected panic selling as prices seem to have stabilized. I expect that price increases in detached inventory will continue, particularly in Vancouver and surrounding suburbs while stabilization and mild declines are likely in the condominium market – again with the furthest communities from the City of Vancouver suffering the most.

There is no serious price correction likely as property owners and lenders alike have demonstrated restraint in risk tolerance and the overall regional employment level continues to be favourable. This balanced market bodes well for the short and medium term and will foster disciplined, prudent buying and investing in single family and condominium properties alike.

Jason Upton, CRA, RI(BC)
Owner

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