Appraisals completed for financing are typically completed based on a set of requirements from the lender on:

• Regency of comparables used

• Exposure time

• What is to be included in the valuation (i.e. number of acres of an acreage, outbuildings, chattels etc)

• Definition of appraisal value

• and scope of research

The turnaround and cost of the appraisal is quoted based on:

• Complexity of the appraisal problem

• Scope of research (i.e. Lender requirements)

• Urgency of the request

Typical turnaround:

AIC Form

• Rush Service: Same Day after inspection

• Standard Service: 1-2 business days after inspection

Narrative

• Rush Service: 3 Business Days after inspection

• Standard Service: 1 business week after inspection

Base Fee starting at:

• $345+GST (AIC Form)