Local Expertise
National Perspective
Independent real estate appraisers and advisors providing consistent, diligent and reliable valuation solutions throughout central and northern Saskatchewan. Our core business is agricultural appraisals, as well as property tax consulting, with considerable experience in commercial and industrial valuation.
Precision Appraisal Ltd., through its affiliation with Verra Group Valuation, forms part of a team having a broad scope of knowledge and experience, and benefits from access to national level data and expertise.
Mark Dean BSA, DULE, AACI, P.App.
Director
Email Mark
GENERAL CONSULTANCY SERVICES & ADVICE
We provide general consultancy and advisory related services related to all types of ICI real estate, institutional property types, as well as for all classes of vacant land.
PROPERTY TAX APPEAL & CONSULTING
We assist our clients in minimizing their property tax burden by appealing inequitable or erroneous property assessments. With substantial expertise in the property tax assessment function, we can identify errors in the application of property assessment policy and procedure, carry through with negotiation, case preparation and presentation at all stages of assessment appeal hearings if necessary, including appearance in court. Proper research and presentation can result often in reductions in tax payable without ever proceeding to the assessment appeal hearing stage. Outsourcing your firm’s property tax monitoring to our experts will reduce overall expenses and allow your employees to focus on their area of expertise.
COST ANALYSIS
Cost services include estimating the reproduction or replacement cost of built and site improvements for insurance purposes, as well as provision of cost and progress inspection reports associated with mortgage financing.
AGRICULTURAL APPRAISALS
Our designated appraisers have valued thousands of parcels of farmland over the past 30 years. With a strong knowledge of soil mapping, appraiser’s attention to detail and an extensive research program, our work is unparalleled in the industry. We are experienced in farm land and building appraisal as well as farm residences, for both current and historic valuations.
COMMERCIAL & INDUSTRIAL APPRAISALS
Our core business is provision of independent and unbiased appraisal reports on all types of real estate including general commercial, industrial, multi-residential, institutional, and special purpose properties. Valuations functions include mortgage financing, purchase and sale, estate settlement, asset management, dispute resolution, among others.
Through VerraGroup, Precision Appraisal is connected to a team of experts from across Canada who have experience in a wide scope of real estate types. Our affiliation with VerraGroup allows us to incorporate national level data and perspective into our reports.
RESIDENTIAL & MULTI-FAMILY APPRAISALS
Precision Appraisal is an approved appraiser of residential properties for most banks, credit unions, mortgage companies and underwriters in the residential mortgage market today. We offer valuation for financing, pre-marketing, estates and separation agreements. We also complete appraisals of duplex, fourplex, semi-detached units and all sizes of multi-unit apartment buildings.
MACHINERY & EQUIPMENT
Expert machinery & equipment valuation services are provided by our affiliated office in Winnipeg. Personnel from that office will travel to Saskatchewan for M&E assignments if required.
EXPERT SERVICES - EXPROPRIATION RELATED ANALYSIS
Accredited real estate appraisers are recognized by many courts as experts in matters related to real estate valuation. As such, we are often called on to undertake specialized analysis related to expropriation or other government or legislative related purposes.
VACANT LAND VALUATION
HIGHEST & BEST USE ANALYSIS
Valuation of vacant land can be a complex function that is tied to the fundamental concept of Highest & Best Use.
In forming an opinion of the highest and best use, there are essentially four stages of analysis: the potential use must be physically possible and legally permissible, there must be a profitable demand for such a use, and it must return to the land the highest net return for the longest period of time.
