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, 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 PAg, AACI, DULE
Director
PRACTICE
AREAS
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.
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.
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.
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.
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.
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.
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.
APPRAISAL REVIEW
An independent and unbiased critical assessment and reasoned opinion as to the acceptability and quality of another appraiser’s work product in the context of part or all of the appraiser’s Scope of Work. Reviews can range from a basic compliance review to a full, technical review, which is undertaken in accordance with Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) and includes a review of the reports compliance with the appropriate standard, as well as an opinion of the suitability of the market data employed and the veracity of the conclusions. Further, a technical review will assess the highest and best use analysis, appraisal methodologies in the context of the Scope of Work and has a quality control function. Technical reviews may or may not include a site view. Often technical reviews are used for quality control, settlement functions or litigation.
VERRA GROUP VISION
Professionalism & Integrity
Accredited AACI professionals are required to provide unbiased and completely objective opinions of value.
Learn more about our professional responsibility here.
The foundation of VerraGroup is our uncompromising conviction-based leadership.
Our focus is to reach and pivot to a new professional equilibrium in the Canadian Valuation industry
- to ensure that every report has been thoroughly completed with the highest level of professional analysis.
In-depth Local Knowledge - National Perspective
We recognize that in-depth local knowledge is essential for provision of accurate and sound valuation analysis and advice, and that such knowledge must be complemented with a broader regional and national perspective.
To ensure the highest possible level of service to our clientele, Verra Group Valuation is building a national team of highly-motivated professionals having diverse knowledge and experience.
We Listen Carefully and Strive to Add Value
A valuation report that provides a value, but doesn't go far enough to solve the client's problem or burning need may be useless. We're not in the business of providing you with something you don't need. We always strive to understand our clients' goals and requirements, and then tailor our services to meet those needs.
This approach is key to our primary goal of adding value where ever possible.
OUR PROFESSIONAL TEAM
Through our affiliation with VerraGroup, we are able to accept and undertake large and complex assignments by leveraging the collective knowledge, experience and manpower of our team of professionals, as well as through access to national level data.
MARK DEAN, AACI
Director/Owner
Tel: 306-752-4331
KRISTINE DEAN
Office Administrator
Tel: 306-752-4331
Tel: 306-752-4331
RICHELLE MORIN
Appraiser Assistant
For any general inquiries, please contact us at the following coordinates:
Box 387
Melfort, SK, Canada
S0E1A0
