BC Hotel and Motel Real Estate Appraisals are my flagship service. I provide highly credible appraisal reports reports with value opinions based on methodologies that have set industry standards.
There are many factors that affect the market value of these properties, such as: number of accommodation units & their quality, occupancy rates, revenue & expenses, chattels, land size, location, health of the tourism industry…. I understand the nuances of these businesses and have the data to develop well supported opinions of value.
All Appraisal Reports are AACI certified. The AACI designation is granted to individuals who have completed the AACI program of studies and fulfilled all the professional requirements of the Appraisal Institute of Canada. AACI Members are qualified to offer valuation and consulting services and expertise for all types of real property.
AACI appraisers often value special-use properties such as hotels and motels on a going-concern basis.
The term ‘going-concern’ is defined in The Appraisal of Real Estate, 3rd Edition, wherein the definition is: “All tangible and intangible assets of an established and operating business with an indefinite life.”
I have served a wide variety of properties including but not limited to:
