How much does a investment property appraisal cost in Richmond?

Richmond investment property appraisals typically run $425–700 CAD for a standard property. Narrative reports for divorce, estate, CRA, or court use cost more.

What's specific about appraising investment property in Richmond?

Rental-focused residential properties with income-approach considerations. Local Richmond appraisers weigh comparable pools by In-place rents vs. market rents, Vacancy assumptions and operating expense ratio, Unit mix and tenant covenant.

Investment property appraisers in Canada

Rental-property valuations supporting refinances, BRRRR strategies, partnership changes, and capital-gains planning — with income-approach support where warranted.

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What drives value

Value drivers

In-place rents vs. market rents
Vacancy assumptions and operating expense ratio
Unit mix and tenant covenant
Highest-and-best-use (e.g. add-a-suite potential)

Be prepared

What investment property appraisals typically involve

Documents to gather

Current leases
T776 or equivalent income statement
Property tax assessment
Capex history

Report formats

Short narrative for SFR rentals
Full narrative with income approach for plexes

Common purposes

Refinance / equity take-out
Capital gains / CRA
Partnership buy-outs
Estate

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Get investment property appraisal quotes

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Property addressPostal codeProperty typeEstimated value rangeTimelinePreferred contact

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