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Cost of home or condo appraisal by an accredited real estate appraiser

Whatever the type of property you want to renovate, buy or sell, Compare Home Quotes will search for qualified real estate appraisers in your area that best fit your criteria and needs. Our partners are professional and reputable. Have peace of mind with Compare Home Quotes and get answers fast!

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What is the cost of hiring a chartered or home appraiser?

Have you have made the decision to sell your property and want its accurate market value? We can offer you the best solutions that are tailored to your needs.

 

When should a property assessment be conducted?

Prix pour évaluation de maisonYou need to have your house appraised before you sell it just like when you have a building inspector check the condition of the house. Compare Home Quotes provides you with an opportunity to compare prices from multiple home inspectors.

Thus, you will have the information you need to prepare for the sale of your property. It is best to have all the information you need from the very start.

 

Why hire an accredited home appraiser?

Hiring an accredited appraiser will get you the information you need to make an informed choice. Here is a list of some situations where you could benefit from an appraiser’s advice:

  • Purchase or sale of a property;
  • Increase the value of your land;
  • Rental of a dwelling located in an income building;
  • Construction, extension or renovation of a property;
  • Negotiating a mortgage financing;
  • Negotiation or buy back of a leasehold;
  • Estimation of the value of buildings of the family patrimony;
  • Anything relating to real estate for an estate, divorce or dissolution of a corporation;
  • Analysis and establishment of the insurable value of a building;
  • Negotiation of a settlement after a disaster;
  • Analysis of the potential income of a property (a duplex, for example);
  • Investment in securities;
  • Transfer of real estate assets as part of a tax restructuring;
  • Re-valuation of real estate company or portfolio assets;
  • Preparation of an assessment roll for the distribution of the municipal tax base;
  • Checking the real price of a property and contesting the municipal assessment if it is incorrect;
  • Reinstatement of the amount of compensation upon expropriation;
  • Planning a claim that concerns the value of an immovable that is the subject of a dispute.
  • etc.

An assessment of your home by a licensed home appraiser will include a detailed analysis. The report will be objective, which gives it a lot of value, because you will have realistic arguments to justify the selling price.

 

 

How to choose your Chartered Appraiser or Home Appraiser?

A good appraiser must possess several qualities in order to perform well and provide you with quality service.

He will have to show personal skills including:

  • Objectivity
  • Integrity
  • Autonomy
  • With initiative
  • Good judgment
  • Good analytical skills
  • A desire to surpass one’s self and excellence
  • Leadership
  • etc.

These are qualities that come under the heading of “know-how” related to the role of a chartered appraiser. To that end, the Order of Chartered Appraisers of Quebec requires the addition of know-how that includes:

  • Code of Ethics of the Order of Chartered Appraisers of Quebec
  • Regulations of the professional inspection committee
  • Record keeping regulations
  • Professional Liability Insurance
  • Regulations governing the practice of his profession
  • Internet use
  • etc.

In addition, he must have successfully completed a university education and be a member of the Order of Chartered Appraisers of Quebec. These two prerequisites ensure the proper supervision and evaluation of professionals who practice as appraisers.

 

Order of Chartered Appraisers of Quebec (OEAQ)

The OEAQ was created to protect consumers by ensuring quality services from certified appraisers.

As mentioned by the Order, there are several control mechanisms to regulate the practice of its members: “disciplinary sanctions, professional inspection, regulations (Code of Ethics, Standards of Professional Practice), compulsory continuing education, admission, professional liability insurance.”

Further, it offers services for the public, including access to the directory of its members as well as a notice of cancellation and limitation of exercise for your protection.

There are other relevant services you can use:

  • Request an inquiry from the trustees of the Order
  • Request an arbitrator for the payment of fees
  • Make a legal claim
  • Access the index of disciplinary decisions
  • Explain the role of a chartered appraiser
  • Access to the regulations of the Order
  • etc.

In addition to protecting you, the OEAQ acts with transparency so that you can be well- informed. Compare Home Quotes’ network of partners includes both accredited and non-accredited appraisers, simply referred to as real estate or residential appraisers.

 

How is a home appraisal done by a chartered or home appraiser?

You should establish the purpose of the appraisal, cost of the valuation, agree on the services required, choose a type of report and the time required to produce the detailed report.

Then, the home appraiser will visit your property to learn about some elements:

  • The general condition of the house
  • The dimensions
  • The type of materials present
  • The layout
  • etc.

He will then inquire about property market values as well as by-laws, taxes and municipal services.

After collecting all the information relevant to the valuation of your home, the real estate appraiser will proceed with the analysis of the properties that have been sold recently, “determination of the age of the building and the estimated longevity, residual productivity of the components”, etc.

The final step will be to estimate the actual market value of the property taking into account all the elements mentioned above as well as others that might be relevant, depending on the situation.

 

Compare up to 3 Quotes from Chartered or Home Appraisers Now

We can help you find a quality real estate appraiser very quickly. To do this, fill-out the form below.

In return, you will receive up to 3 free quotes from chartered or real estate appraisers in your area, anywhere in Quebec:

  • Montréal
  • Québec
  • Gatineau
  • Lévis
  • Longueuil
  • Laval
  • Sherbrooke
  • Saguenay
  • Trois-Rivières
  • Saint-Jérôme
  • Repentigny
  • Joliette
  • Louiseville
  • Shawinigan
  • etc.

You can freely choose the proposal that suits you most based on your needs and budget.

The services of Compare Home Quotes – Certified & Real Estate Appraisers is free and no obligation, reliable, efficient, fast, and easy.

Save time and money by using our services to find a chartered appraiser or for other real estate services you need.

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Nicole Bolduc

For someone who is new to the region and does not know where to go, your service was most appreciated. The phone service was great and I was able to make an appointment. Thank you!

Nicole Bolduc