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What is a Home Appraisal?
A Home Appraisal is a type of an inspection that results in an estimate of the value of the home you may want to buy or already own.
Reports are prepared by a designated Canadian Residential Appraiser (CRA) a member of the Appraisal Institute of Canada (AIC).
How long does a Home Appraisal take?
Depending on location & seasonal influences, the actual visit to the property could take up to 45 minutes.
The reporting turn around of 1-2 days from the time of viewing the property.
How much does a Home Appraisal cost?
The basic cost of a single family home on a city lot usually ranges from $250 - $300 plus HST.
The cost of an Appraisal varies depending on location, type and size of property, and any other extenuating factors.