First – a bit about me – I am an “Appraiser” by profession and have been accepted as an “Expert” by various tribunals, hearings and courts in the field of valuing real property of various types. I am not an expert in law, engineering, marketing or finance, but have worked with people in all of …
Business Valuations
First, what are the value components of a business? The appraisal industry is like most others – with its terminology changing over time. For the most recently trained appraisers, the Total Assets of a Business (TAB) are composed of 3 broad classes of property which are: 1) Real property (interests in land and permanently affixed …
Expropriation or Fair Game for All?
While Expropriation is potentially a very complex issue, I will attempt to give a meaningful overview in this condensed space. While not exclusively, provincial legislation dictates the expropriation process for property/land for such things as road widenings, etc. In both AB & SK, provincial legislation defines Expropriation as “the taking of land without the consent …
Leases Impact on Value?
For many potential buyers, kitchen is often a deciding factor before purcha sing or declining a house. Hence it is a smart move to renovate the Kitchen before putting your house for sale. More often than not, it can earn you about 70 percent return on investment once the sale is through.
Price – Cost – Value, What’s the Difference?
Home renovations, especially those involving plentiful of demolition can be a very dusty affair. This nasty dust can easily free flow through the air and into your house to form a thick film on your entire furniture, possessions and the floor.
Depreciation
Broad-based definitions of depreciation include, “a decrease or loss in value” or “a decline over time in the value of an asset”. Various specific fields (taxation, accounting, appraising) of study elaborate on the above to better suite their specific needs. Relative to the real property appraisal field, the Canadian Uniform Standards of Professional Practise defines …