Indicom Valuation Inc.

A boutique appraisal firm specializing in commercial property valuation in Simcoe County and beyond. Principled, independent appraisal and analysis for today’s fickle real estate market.

Our Services

Our primary focus is commercial and industrial real property appraisal and consulting. Valuations and consulting are catered to a variety of needs encompassing mortgage underwriting, acquisition, disposition, internal decision making, estate tax, estate planning and others. Our clients include the ‘Big Five’ banks, credit unions, developers, business owners, accountants, lawyers, insurance companies, and individuals. We also provide residential appraisal services on a selective basis.

Our service area is predominantly Simcoe County including the key population centres of Alliston, Barrie, Bradford, Collingwood, Innisfil, Orillia and Wasaga Beach and all of the Townships within the County including Adjala-Tosorontio, Clearview, Essa, New Tecumseth, Oro-Medonte, Penentanguishene, Ramara, Severn and Springwater. Other areas served are Dufferin County, Caledon (Peel) and Newmarket (York).

Multi-Family Residential

Walk-up apartment buildings, mid-rise buildings, condominiums, converted century homes, mixed-use, waterfront

Industrial

Warehouses, manufacturing facilities, industrial condos, automotive service & repair, flex buildings, showrooms, multi-tenant, single-tenant

Special Use

Marinas, campgrounds, retirement homes, nursing homes, purpose-built restaurants, car washes, churches, motels, specialized manufacturing

Commercial/Retail

Office buildings, retail, convenience stores, plazas, medical buildings, mixed-use, multi-tenant, single-tenant

Land

Farmland, vacant lots, greenfield and brownfield land, development land, cash in-lieu of parkland, easements

Consulting

Feasibility studies, investment evaluation, highest and best use analysis, market lease reports, relocation, portfolio managment

FAQs

What is an appraisal ?
A real estate appraisal is an estimate of market value as of a given date, performed by a qualified and accredited real estate appraiser. A commercial real estate appraisal typically takes the form of narrative style written report from 40-100 pages in length. The report will comply with Canadian Appraisal Institute guidelines known as CUSPAP (Canadian Uniform Standards of Professional Appraisal Practice) and will normally include the following:
- an overview of the area, community and neighbourhood
- a detailed site and building description
- a zoning analysis
- a highest and best use analysis
- an in-depth discussion of 1-3 different approaches to value and a market value estimate conclusion
Commercial real estate appraisers usually employ three approaches to help derive their estimates of market value: the Cost Approach, the Direct Comparison Approach and the Income Approach. Individually, each one of these techniques has its limitations, however, when paired with other methods these approaches help produce accurate appraisals.
What is the typical fee for a commercial appraisal ?

Our appraisals are competitively priced, and fees may vary based on the complexity of the assignment, availability of suitable data and other factors. Please contact us for a quote.
How long does a commercial appraisal take ?

Commercial appraisals are often complex and require many hours of analysis and report preparation. Completion times vary according to property type, requirements, client needs and appraiser workload. Typically, commercial appraisals can take 10 days to two weeks to complete however at Indicom Valuation Inc. our focus on commercial work often allows us to complete assignments in a more expedited manner.
What is the role of the appraiser ?

An accredited real estate appraiser’s role is to provide objective, impartial and unbiased opinions about the value of real property. The opinion of the appraiser enables those who own, sell, manage, invest in or lend money on the security of real estate to make rational, informed real estate decisions.
What is an AACI ?

Designated Members of the Appraisal Institute of Canada (AIC) hold either an AACI designation or CRA designation (Canadian Residential Appraiser). AACI designations (Accredited Appraiser, Canadian Institute) permit the member to perform both commercial and residential appraisals and is the highest qualification attainable by Canadian real estate appraisers. The AACI designation is awarded to professionals who have completed a rigorous education, peer review and passed testing requirements relating to the valuation of all classes of commercial real estate.