APEX APPRAISAL BLOG

Ever wondered how appraisers determine your home's value? The answer often lies in comparable sales — but the process is more nuanced than you might think. Comparable sales — often referred to as “comps” — are a core component of most real estate appraisals. Whether an appraisal is prepared for mortgage financing, estate settlement, divorce, capital gains reporting, or any other purpose, the selection and analysis of comparable sales plays a central role in forming a credible

You've just received a property appraisal, and the value seems wrong. Whether it's too high or too low, you're wondering: what now? Disagreements over property appraisal values are common in Ontario, particularly in non-lending appraisal situations  such as divorce, estate settlement, capital gains reporting and other legal or tax-related matters. In these contexts, it is not unusual for one party to believe an appraisal value is too high, while another believes it is too low

Automated Valuation Models (AVMs) and free online estimators are quick and tempting when you want a ballpark figure. But they rely on databases and algorithms rather than a professional appraiser’s on-site inspection and local market knowledge. AVMs are prone to missing renovations, deferred maintenance, non-conforming uses, zoning issues and sudden changes in market conditions. That makes them fine for casual curiosity, but not for matters that require accuracy and defensibi

Let's face it. Executors (also known as "estate trustees" in Ontario) have a difficult job at a challenging and emotional time. It also...

The federal government is considering reviving a housing plan from the early 1940s to cut down on red tape.

It's with great pleasure that I welcome you to Apex Appraisal's new blog!