Appraisal and Valuation

Independent valuation used to support purchase, refinance, and home-equity lending decisions.

Lender-supported valuation conclusion used to size financing and measure loan-to-value.

Property-tax assessment figure that should not be mistaken for a lender's valuation decision.

Recent similar-property sales used by appraisers to support an opinion of market value.

Estimated price a property could reasonably achieve in an open market transaction.

Canadian appraisal and valuation terms that affect approval, refinancing, and home-equity limits.