Land Appraisal in Edmonton
Before entering into any contract or business relationship it’s important to have all the information. At Landucation Appraisals we’ve made it our business to know the value of Edmonton land so that you can have everything you need at your fingertips before buying or selling a property.
When pursuing residential appraisal, we keep our clients’ budget in mind and work on their side to ensure they don’t get cheated on any deals. We do the same with commercial appraisal, while taking a larger scale approach keeping in mind that land is a long-term asset that will continue to have value should the company or individual choose to liquidate.
Landucation Appraisals has been operating in the Edmonton area for over 25 years now. When you’re looking to get educated and make the best deals—residential or commercial—give us a call.
Land Appraisal by Albertans for Albertans
There’s one big difference between the appraisers at Landucation Appraisals and the other players in the field in and around Edmonton: the founders of our company were born and raised in rural Northern Alberta, and so they know the curves and contours of this beautiful province better than any other.
And to this day, we do business with a friendly and easygoing attitude and with the sort of honesty and respectfulness you can expect from Albertans. Who better to appraise the value of this place than people who have lived here their whole lives?
While we specialize in rural Alberta and Northern Albertan properties, we do business all around Edmonton and the capital region. So whether you’re looking to capitalize on a multimillion dollar resource extraction deal or just want to be sure you’re getting a fair shake for your little cottage, call Landucation Appraisals today.
The Importance of Land Appraisal
Researching local appraisers before investing in a property is especially important when financing is involved. If you are looking for a loan, your source will require accurate information from a professional appraisal company before you can even start dreaming of getting that investment.
Working with income, cost, and sales comparisons, we’ll provide you with a fully fleshed out and reliable document detailing your property of interest’s true market value.
Your lender will need to know what sort of revenue the property can produce, mostly in the case of commercial appraisal, as well as the accuracy of its sale price, and finally, what similar parcels are selling for in the same region.
While these three methods are something many Edmonton land investors may think they can research on their own, it’s not so simple. When there’s a structure or two on the property it becomes easier, but vacant land is ambiguous and therefore the additional support of experienced appraisal companies to determine cost is something you’re going to need to invest in.
Land Appraisal Cost
Land appraisal cost varies greatly from case to case. A residential appraisal for example will be more affordable than a commercial one as there are less factors to consider.
At Landucation Appraisals we like to keep our rates competitive but if you’re looking for a general idea of what you might spend, the natural average is $328. Most of our clients pay between $287 and $373 with larger jobs working up to a high end of $450. Considering the amount that can be lost without the assistance of local appraisers, it’s a small investment to make in your financial future.
Three Scenarios Where You Might Require Land Appraisal in Edmonton
Landucation Appraisals has over 25 years working as a property appraiser in the Edmonton area. And over those 25 years we’ve seen it all! Helping so many clients achieve their real estate dreams (and higher real estate values) means we’ve run into a lot of unique scenarios when someone needed land value appraisal. Here are some of the more common ones you might experience:
Development Changes the Value of Your Property
Okay, so it’s not likely that Edmonton is going to become a popular cottage destination for Canadians anytime soon. But with the population always growing, there’s always new developments. Maybe that unused tract of land you’ve held is smack dab in the middle of a potential new development project, or the development eats up all the green space nearby, leaving your land as the perfect spot to build a tiny rustic cottage in the woods.
Whenever a new real estate development happens, there’s a possibility that real estate values go up nearby. New amenities such as community centres, suburb projects, or malls can drive your land value in a positive direction. Or perhaps a potential developer has done some commercial appraisal and wants to build on or near your property. These are all common scenarios that might lead you to the expertise of a property appraiser like Landucation Appraisals.
Estate Changes and Estate Appraisal
Often we are called in to help with land value appraisal when clients have suffered a loss in the family. Usually, a given piece of land might be changing hands and the family wants an updated idea of the commercial appraisal or home appraisal of the potential of the property.
When a family member passes away, finance is often the last thing on mind of the surviving loved ones. And yet the executor or executrix of their estate must reduce all of the belongings collected over a long life into a dollar value to be handed out among the person’s next-of-kin.
The problem is, assigning value to these items or to businesses owned by the estate is a hard job. It’s twice as hard when you and your family are grieving.
Instead, call Landucation Appraisals to perform an estate appraisal. We take care of all the paperwork and can conduct our appraisal without disrupting you and your loved ones’ plans.
At such a sensitive time, you want to entrust a property appraiser who is discreet and experienced. We have many years handling such cases and are happy to help you and your family find the answers you need.
It seems like natural resource development in Alberta never stops! Our beautiful province has been blessed with some of the richest resource deposits on Earth. What do you do if a resource extraction company offers you something for your land? You call an appraiser, that’s for sure.
We have been successfully appraising land, homes, and businesses in the area for over 25 years, so you can rest assured when you trust us we are always going the extra mile for our customers.
Dealing with a land appraiser is something many people don’t have much experience with. We’re always trying to make it easier for potential clients to get the land valuation they deserve. That’s why we’re always happy to answer any questions over the phone.
We can go over any initial questions you might have as well as discuss the basics like the property size and location. And of course, all initial consultations are without obligation. You’re free to seek a second opinion and we won’t begin work until all terms and conditions are clear with both of us.
Professionally Licensed Land Appraisers
It might seem like a strange business for fraudsters to enter into, but in our 25 years in the appraisal industry, we’ve seen a lot of strange things—including unlicensed or disciplined hucksters trying to make a quick buck off of hardworking Albertans.
Well, there’s a right way and a wrong way to do things, and that’s just plain wrong. When you are getting a property evaluated or appraised, you need to seek out a company that plays by the rules.
Landucation Appraisals is a proud and longstanding member of the Appraisal Institute of Canada. Every single one of our real estate appraisers are licensed by the Real Estate Council of Alberta, and our company’s values are built around the code set out in the Canadian Uniform Standards of Professional Appraisal Practice.
Truly, you won’t find another company in the Edmonton area as dedicated to sound and prudent appraisal. When you have us perform your residential or commercial real estate appraisal, you can sleep soundly at night knowing your property is in capable and professional hands.
How to Find a Real Estate Appraiser
You’ve already found one! If you’re reading this web page, we’re going to bet you’re interested in residential or commercial real estate appraisal in Edmonton. Simply pick up the phone and one of our employees will be glad to hear your story and introduce you to what it is we do.
Experienced Edmonton Professionals
When it comes to appraisal companies, Landucation Appraisals is no newcomer to the industry. Opening our doors in 1992 we’ve been working with home and business owners for over 25 years to help them make the best, and most well-informed choices when it comes to purchasing land.
If you’re new to home ownership or investing, that’s not a problem. Just give us a call today and we can answer any questions you have before proceeding with the land appraisal. We can’t wait to hear from you!