Thorvaldson Appraisals Ltd - Commercial Appraisals - Winnipeg Agricultural Appraisals

Commercial and Industrial Appraisals

1. Offices
2. Restaurants and Retail Outlets
3. Strip Malls (Shopping Centers)
4. Warehouses and Industrial Properties
5. Hotels and Motels
6. Apartment Complexes
7. Mixed Use Commercial Properties
8. Automotive Dealerships
9. Grocery Stores and C-Stores
10. Mobile Home Parks
11. Market Analysis and Rental Rate Surveys
12. Commercial Lots
13. Recreational Properties & Lodges
14. Historic Sites
15. Riding Mountain National Park Commercial Properties
16. Residential Subdivision Development
17. Mini-Storage Properties / Mini-Warehouses
18. Hutterite Colonies
19. Farm Implement Dealerships
20. Petroleum Storage & Card-Lock Facilities

Agricultural Appraisals

1. Cultivated and Non Arable Land Appraisals
2. Rural Yardsites with Residential and Agricultural Buildings
3. Equipment Storage Facilities
4. Grain Elevators and Seed Storage Facilities
5. Livestock Production Facilities - Hog Production and Cattle Production
6. Feedmills
7. Dairy Operations
8. Potato Operations
9. Conservation Easements

Machinery & Equipment (M&E) Appraisals

Just as with real property, one of the major reasons for valuing M&E is to determine the price it would obtain in the market. Therefore, the classic market value definition applies – generally with qualifications. Various forms of assignments include:

1. Fair market value for continued use where the M&E will continue to operate in place.
2. Orderly sale or liquidation value where the M&E is to be removed and located in another place.
3. Forced liquidation value where the M&E has to be sold in short order.
4. Salvage value where the M&E is purchased for its component parts.

• An objective and independent appraisal provides vendors, purchasers and realtors with real estate value certainty. Everyone involved can have peace of mind going into a real estate transaction, that fair market value has been established by an appraiser who is accredited with the Appraisal Institute of Canada.

• Where possible, our reports incorporate ARGUS Valuation - DCF™ software – well regarded in the industry to assist with commercial real estate cash flow projections and asset valuation analysis.

Mortgage Financing

• Obtaining a loan to assist your real estate purchase or renovation requires your financial partner to make lending decisions. The value of the real estate has an important role in whether or not the loan can be approved, the terms of approval and the pricing. An informed decision to obtain an AACI report helps both parties work together by bringing certainty to the property value. You have other things to do than wonder if there is enough security for the loan. Our firm can help you get the answers you need within a time frame that reflects our commitment to you.

Estate Appraisals

• In Manitoba, the courts rely on an AACI appraisal report to assist in making the important decisions needed to settle the estate. We have completed many of these assignments for both individuals and law firms.

Consulting

• People work together in business and enjoy living in the communities that they share. When the term of a lease is coming up for renewal, our firm has helped property owners and tenants achieve a fair rental rate that reflects current rents for their market area. We provide expert witness testimony at arbitration panels when needed.

Assessment Appeals

• When the Province of Manitoba Assessment Branch provides you with a notice that your property has been reassessed, you may apply for a revision of the assessment to the Board of Revision established annually by your municipality. Knowing that you are paying your fair share of property taxes based on the reference year market value is important. We can help value your property and/or appeal your assessment.

Replacement Cost and Reconstruction Cost Estimates

• Condominium corporations are one form of commercial property ownership. Knowing that the office complex or warehouse site is not over-insured or under-insured helps establish accurate and cost effective insurance levels. Properly detailing the cost estimate for such commercial enterprises requires the skill of a trained AACI who has the leading and most updated costing software needed to get it right.

Expropriation

• An owner recieves compensation when private property is acquired for public purposes. An AACI appraisal for the purposes of expropriation is distinguised from a routine appraisal by the rules that apply in estimating compensation. Whole Takings, Partial Takings and Injurious Affection on property not taken but affected by a taking, all require the expertise of a trained AACI to provide a clear understanding of the value loss and give expert evidence when needed.

Our Service Area

• Serving City of Winnipeg and the Greater Winnipeg Area
• Serving Westman, Eastman, Interlake and Parkland