How much does a new construction appraisal cost in Kelowna & Central Okanagan?

Kelowna & Central Okanagan new construction 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 new construction in Kelowna & Central Okanagan?

Pre-build, mid-build, and as-complete appraisals for new residential construction. Local Kelowna & Central Okanagan appraisers weigh comparable pools by Plans, specs, and finish schedule, Lot value and site servicing, Builder pedigree and comparable new-build sales.

New construction & progress-draw appraisers

Plans-and-specs valuations, progress draw inspections, and as-complete reports for self-builders, custom builders, and construction-mortgage borrowers.

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What drives value

Value drivers

Plans, specs, and finish schedule
Lot value and site servicing
Builder pedigree and comparable new-build sales
Cost-to-complete vs. as-complete value

Be prepared

What new construction appraisals typically involve

Documents to gather

Architectural plans and specifications
Signed fixed-price construction contract
Lot purchase agreement

Report formats

As-complete narrative
Progress draw inspections (typically 3–4 stages)

Common purposes

Construction financing
Take-out mortgage
Builder draws

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