Before you get started.
Details depend on the assignment. If your question is about a specific property, send the address and the purpose of the appraisal.
Ask AREAS ↗What areas does AREAS serve?
Residential coverage includes Mississauga, Cambridge, Hamilton and the Niagara Peninsula, as well as Sault Ste. Marie and the Algoma District. Commercial coverage extends across Ontario. Confirm the property’s location when making an enquiry.
How much will an appraisal cost?
The published AREAS site does not provide a fee schedule. Ask for a quotation with the address, property type, purpose and timing. The scope needs to be understood before a fee can be confirmed.
How long does an appraisal take?
AREAS does not publish a guaranteed turnaround. Let the team know your deadline when enquiring. Inspection access, information availability and assignment complexity need to be considered.
Can I order an appraisal for my mortgage?
Ask your lender or broker about its ordering requirements first. It may need to engage the appraiser directly or provide specific instructions.
Will the inspection give me a value immediately?
Do not expect a final value at the visit. The appraiser still needs to complete the relevant research and analysis.
Is an appraisal the same as a home inspection?
No. An appraisal addresses value under its agreed scope. A home inspection has a different purpose. Tell the team what you need so you engage the appropriate professional.
Can an old report be used again?
Ask before reusing it. A different date, client, lender or purpose can require additional work or a new assignment.
What should I send with my first enquiry?
Start with the property address, property type, reason for the appraisal and your timing. The team can then identify the supporting information it needs.
Does AREAS offer Argus support?
Yes. AREAS lists cash flow modelling, Argus Enterprise implementation and support, and due diligence among its services.
Can AREAS guarantee a particular value?
The purpose is an independent opinion supported by analysis. A preferred outcome should not be treated as the conclusion the assignment must reach.
Trusted insight. Confident decisions.
Buying, lending, investing or developing? Start with a clear understanding of value.