Insurance Appraisals

Protecting Your Strata

At Strata Reserve Planning, we provide high quality Insurance Appraisal Reports that meet the Strata Property Act as well as the needs of the Strata Corporation. The purpose of an insurance appraisal is to provide an estimate for the full Replacement Cost New (RCN).

This includes

  • All buildings including the foundations, exterior walls and building envelope, the roofing system, the interior finishing, elevators, the electrical and mechanical systems, fire protection equipment, and parking. This also includes all common assets owned by the Strata Corporation, such as furniture, appliances and gym equipment;
  • Site improvements such as roadways and driveways, landscaping, playgrounds, and fencing;
  • Bylaw endorsements which account for changes in fire protection, parking, and handicapped access; and
  • An allowance for Demolition and Debris Removal so the fire damaged improvements can be removed and the new construction started.

As with the Depreciation Reports, we believe that Accurate Physical Inspections, combined with Informative Analysis, leads to Reliable Appraisals. When we inspect the property, we note the construction details, and take photographs so that the Strata Corporation has proof in case of a loss. Appraisals are made by members of the Appraisal Institute of Canada (AIC) so Strata Corporations know they are receiving reports that are prepared by qualified individuals.

GET AN INSURANCE APPRAISAL AND DEPRECIATION REPORT DONE TOGETHER AND SAVE ON THE INSURANCE APPRAISAL

Strata Reserve Planning is glad to offer sample reports to Strata Councils or Property Managers. please email your contact information to This email address is being protected from spambots. You need JavaScript enabled to view it.. For quotes, please go to Quick Quote
Property Managers need to keep informed, but in many cases are over whelmed with information. If you would like a virtual lunch and learn please call us at 604 608 6161, or email us at This email address is being protected from spambots. You need JavaScript enabled to view it.
Self Managed Strata councils are encouraged to review our Library to keep informed about Depreciation Reports. For a virtual meeting or answers to questions please email This email address is being protected from spambots. You need JavaScript enabled to view it.. For quotes , please go to Quick Quote

Portfolio


Accurate Physical Inspections, combined with Informative Analysis, leads to Realistic Funding Solutions.
© Copyright 2012-2020. All Rights Reserved. Strata Reserve Planning (a Division of Bramwell & Associates Realty Advisors Inc.)