MRICS · RICS Red Book aligned
Defensible Insurance Appraisalsprepared with chartered rigour.
Independent Replacement Cost Valuations and Insurance-to-Value reviews for commercial, industrial, residential and heritage assets across Canada. Clear methodology, audit-ready reports, delivered to standard.
MRICS
Chartered designation
Red Book
RICS Global Standards
E&O Insured
Errors & omissions cover
Coast-to-coast
Serving all of Canada
Services
Three ways we work with property holders.
Each engagement is delivered to RICS Red Book standards and supported by transparent assumptions, so brokers and insurers can rely on the figure.
Insurance Appraisal
Full Replacement Cost Valuation for a single building — measured on site and costed using current Canadian construction data.
Insurance-to-Value Review
Desk-based review of an existing insured value with adjustment recommendations and supporting rationale.
Portfolio Revaluation
Multi-asset programs for REITs, funds, trusts and property managers, sequenced quarterly or annually.
Why it matters
Co-insurance penalties are the silent risk on most policies.
Most Canadian commercial properties are insured below their true replacement cost. Where a co-insurance clause is triggered, a partial loss can be settled on a proportionate basis — leaving owners to fund the shortfall from their own balance sheet.
- Independent figure brokers and insurers can rely on
- Replacement cost on a like-kind-and-quality basis
- Methodology aligned to RICS Red Book with Canadian cost data
- Refreshed periodically to reflect construction market shifts
Engagement
A measured, four-step process.
- 01
Initial enquiry
Brief site detail and tenure information so we can scope and quote.
- 02
Engagement & deposit
Letter of engagement issued; deposit invoiced via Square.
- 03
Site inspection
On-site inspection with measurements, photographic record and construction notes.
- 04
Report delivery
Signed appraisal with replacement cost figure, insurable value and supporting rationale.
Ready to commission an Insurance Appraisal?
Fixed-fee single-asset appraisals from CA$1,499. Bespoke quotes for portfolios. Secure deposits via Square — sandbox mode until the practice is fully verified.