Replacement cost appraisals are the estimation of what it would cost to replace the building or amenity located on the property based on today’s current construction costs. This is the estimation of the “replacement cost new” or RCN, which employs today’s building practices and materials, to replace the building with one of similar utility and construction quality.
Replacement cost appraisals are usually undertaken when reviewing insurance policies, to ensure there is enough coverage to replace the building if damaged or destroyed.
The Condominium Act of Manitoba requires that there be a replacement cost appraisal prepared by an accredited member of the Appraisal Institute of Canada, at regular intervals, for each condominium corporation in Manitoba. Industry standard cost manuals such as the Marshall & Swift valuation service are utilized to provide an up to date replacement cost new estimate.
Our mission is to acquire, validate and present the most accurate data available in the market to best serve our professional community. We understand that when you come to us, you need answers. Our team will leverage our resources to get you the information you need, when you need it, so you can move forward. Our goal is to save you time, and money through efficient and accurate reporting.
Strong partnerships, well connected advisors and comprehensive commercial real estate market data are the keys to offering a premier valuation service. The ability to know what is happening in the market before our competition and present this data without bias is what makes us leaders in this industry. We believe that as advisors this is our responsibility.
Our promise to you is to facilitate a professional service, communicate routinely, and to deliver on our commitments. You can be assured that any questions, or concerns will be addressed with urgency, and that we will go out of our way to exceed your expectations.
Why Choose Us
Our experienced Advisors will ensure you receive the most accurate replacement cost new.
We are an accredited member of the Appraisal Institute of Canada.
What Client’s Say
We have been using Stevenson Advisors for many years on all of our appraisal needs. They have always been professional, dependable and the appraisals are completed very quickly.
We have worked with Stevenson Advisors for more than 10 years. They have helped us extensively with property assessment matters and market studies.
They are very effective, efficient, professional and an absolute pleasure to work with.
Genstar has been a client of Stevenson Advisors for over 10 years. We have found that their talents, expertise and advice in local real estate research matters, from appraisals to market research to be a valuable and reliable source of information.
MMM Group, a WSP company, has worked with Stevenson Advisors since 2007 on a variety of property assessment studies dealing with appraised values of properties required for transportation infrastructure projects. Brett and his team have been very good to work with.
Richard Tebinka, Winnipeg Regional Manager, MMM Group
All Valuation Services
Single Asset Valuation
We provide the most accurate and timely information in the industry in order to help you better understand the value of your property.
Our liaison with the real estate community allows us to stay current with our service areas. More.
Stevenson Advisors are experts in providing valuation services for single-asset and multi-asset portfolios.
Our comprehensive understanding of the different property classes allows for successful portfolio valuations of all varieties. More.
Stevenson Advisors has extensive experience dealing in the appraisal of property for the purposes of expropriation.
We will provide you with a no-obligation quote for services. More.
Appraisal review service provided by Stevenson Advisors is a credible and professional opinion of third-party work.
We can help provide an unbiased, widely respected, quality review of third-party works and ensure your needs are met. More.
Our Advisors are thoroughly experienced in the valuation of agricultural and rural properties throughout Manitoba.
Our appraisers can quickly and efficiently survey the marketplace and determine the market value for agricultural properties. More.
LET’S WORK TOGETHER
For the most current and accurate information, choose Stevenson Advisors.