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Basics · Vancouver

How a Home Appraisal Works in Vancouver

Step by step: what happens between ordering an appraisal in Vancouver and receiving the final report.

5 min read

A Vancouver residential appraisal follows the same core s…

A Vancouver residential appraisal follows the same core sequence as elsewhere in Canada — order and scope, site inspection, comparable research, reconciliation, and report delivery — but the local comparable pool and municipal data shape each step.

Ordering

Ordering: the appraiser confirms intended use (mortgage, refinance, divorce, estate, capital gains, private sale, insurance), effective date, and report format. Retrospective effective dates are common in estate and CRA work.

Site inspection in Vancouver

Site inspection in Vancouver: measurement of gross living area, photographs, review of finishes, mechanical vintage, condition, and any features that affect market appeal. The appraiser is not a home inspector — systems are noted at a high level only.

Comparable research

Comparable research: the appraiser draws from local MLS sales, land title records, and BC Assessment data. West-side detached transactions cluster March–June and September–October; winter retrospective reports lean heavily on time-adjustment evidence.

Reconciliation and delivery

Reconciliation and delivery: the appraiser reconciles a supported value conclusion and delivers a report in the agreed format. Standard turnaround in Vancouver is 3–7 business days; Same-week rush turnaround is widely available for mortgage and refinance work.

This article is general information for Vancouver readers and is not legal, tax, lending, or appraisal advice. Confirm specifics with a qualified professional before relying on any appraisal report or value conclusion.
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