FREQUENTLY ASKED QUESTIONS
What is the purpose of an appraisal?
An appraisal provides clarity on the current value of a home for a potential lender or buyer.
What is the process of getting an appraisal?
We’ll do an initial inquiry with you and then assign an appraiser to your property. The appraiser will reach out to you directly to book an appointment. Your appraiser will take interior and exterior photos, measurements from the outside and any other buildings on site and then compile a report. A full appraisal takes anywhere from 30 minutes to two hours, depending on the nature and size of the property.
I’m selling my house. Do I set up an appraisal?
As we have no vested interest in the property we are able to offer an unbiased opinion to assist the general public in establishing a market value in anticipation of establishing a list or asking price. Individuals should first speak with their lender or broker regarding the process of ordering an appraisal because typically a bank will need to generate the appraisal request on their end due the lender requirements.
What areas do you serve?
We serve properties across Eastern Ontario including:
- Lanark County;
- Most of Renfrew, Frontenac and Leeds counties;
- Outlying Ottawa communities – Nepean, Manotick, Osgoode, Stittsville, Richmond, Kanata;
- Kemptville, Winchester, Spencerville, Merrickville and Surrounding Areas
What can I do to prepare for the appraisal inspection?
Make a list of all improvements or renovations you’ve done on your home in the last three to five years. On that sheet, include your street address as well as the proper spelling of your legal name. Make sure the appraiser has access to all the rooms in your home, including any storage areas, furnace room and your backyard. They will also need access to your electrical panel as well as any other structures or improvements on site, such as sheds, outbuildings, cabins, bunkies, boathouse, etc.
Please note that all tenanted properties require 24 hours’ notice (preferably written notice) to the occupants. As well tenanted properties require permission from the tenant for any interior photos to be taken.