New Construction & Progress-Draw Appraisals in Montreal
Builder, self-build, and infill construction appraisals in Montreal — as-if-complete valuation, draw inspections, and cost approach.
New construction appraisals in Montreal are typically ord…
New construction appraisals in Montreal are typically ordered as an as-if-complete opinion of value based on approved plans, specifications, and a fixed-price contract or detailed cost breakdown.
Progress-draw inspections follow the initial appraisal at…
Progress-draw inspections follow the initial appraisal at agreed construction milestones — usually excavation/foundation, framing/lock-up, drywall/finish, and final. Each draw is a short-form inspection report to the lender.
Cost approach carries real weight in Montreal new-build work
Cost approach carries real weight in Montreal new-build work: land value plus depreciated replacement cost of improvements provides a floor and a check on the sales-comparison conclusion.
Local drivers in Montreal
Local drivers in Montreal: Plex (duplex / triplex / quadplex) work uses income approach as the primary methodology. Development charges, lot levies, and municipal fees differ across neighbouring municipalities and belong in the cost workup.
Turnaround runs 5
Turnaround runs 5–10 business days for the initial appraisal; each draw inspection is generally 2–4 business days once scheduled.
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