Published Articles

Steffen Hagen Featured in Canadian Property Evaluation magazine:

  • D.R. Coell’s very own Steffen Hagen is featured on Page 38 of this publication. If you’d like to check out what he says about the balance of work and training, you can view the magazine online.

 

Rick Gordon Featured in “Canadian Appraiser Evaluateur Canadien

  • The Appraisal of Partial Interests in Real Property “Canadian Appraiser Evaluateur Canadien” Winter 2004

 

John Peebles has published papers on a number of topics including the valuation of green buildings and waterfront property, and the principles of highest and best use. Recent presentations include:

  • The Valuation of Lodging Properties (2006 B.C. Hospitality Conference)
  • Office Valuation Issues in Assessment (2006 National Conference of the Appraisal Institute of Canada)

 

Scott Humphreys was featured in the Times Colonist for the purchase of D.R. Coell & Associates Inc. in July 2013

Links

D.R. Coell is proud to provide links to the following organizations:

Appraisal Institute of Canada
The national society of professional real estate appraisers, the Institute is “dedicated to serving the public interest through continually advancing high standards for the appraisal profession by granting use of the CRA (Canadian Residential Appraiser) and AACI (Accredited Appraiser Canadian Institute) designations.”

BC Association AIC
The BC chapter of the Appraisal Institute of Canada (the national society of professional real estate appraisers.)

Real Estate Institute of B.C.
The Real Estate Institute of British Columbia (REIBC) is “an organization of diversified professionals whose mission is to advance the highest standards of education, knowledge, professional development and business practice in all sectors of the real estate industry.”

The University of B.C.
The official site of British Columbia’s largest university.

Urban Development Institute
The Urban Development Institute is a “national non-profit association (with international affiliations) of the development industry and related professions. The Pacific Region has been active since 1972 with its head office located in Vancouver and chapters operating in Victoria and Kelowna. The nearly 350 corporate members of UDI Pacific Region represent thousands of individuals involved in all facets of land development and planning.”

Victoria Real Estate Board
Located in Victoria, British Columbia Canada, the Victoria Real Estate Board “was founded in 1921 and since that time has been a key player in the development of standards and innovative programs aimed at enhancing the professionalism and community standing of Realtors.”

British Columbia Expropriation Association
The British Columbia Expropriation Association (the “BCEA”) is a non-profit voluntary association of professionals who are engaged in the field of expropriation. The membership is comprised of lawyers, real estate appraisers, property negotiators, planners, business valuators and others. The BCEA hosts frequent dinner meetings and an annual two-day Fall Seminar.

Vancouver Island Real Estate Board
The Vancouver Island Real Estate Board (VIREB), formed in the early 1950’s, is one of the most progressive, respected and sophisticated real estate Boards in Canada. Its range of activities, responsibilities and operations have dramatically increased over the years, and to keep abreast, the VIREB is constantly upgrading its services and resources. VIREB also keeps an eye to the future, assisting wherever possible with the orderly, well planned development of the Island.

 

FAQs

Do You Do Residential Appraisals?

At D.R. Coell & Associates we specialize in real estate valuation, consulting and advisory services. We are involved in many speciality areas such as; commercial, industrial, recreational, first nations lands, and other speciality property types.

Please feel free to contact us directly to discuss your residential appraisal needs.

What Is An Appraisal?

An appraisal is a professional appraiser’s opinion of property value. An appraisal involves researching appropriate market areas and analysing data which is relevant to the subject property. The Appraisers familiarity, preparation and professional judgement on the investigated information contributes to a final estimate of value.

How Much Does An Appraisal Cost?

A typical commercial appraisal can vary significantly in cost, depending on the scope of work, the complexity of the report and the crucial time required to complete the report. It is common for the expense of a commercial or industrial appraisal to range significantly higher than other types of appraisal reports due to the considerable time commitment, level of proficiency and forensic investigation required.

Who Do I Contact To Get A Quote For Service?

Each call for services is unique and therefore requires the consultation of the Appraiser or Associate involved with the specific assignment. It is imperative to evaluate the complexities and scope of work prior to making a commitment to the associated cost of completing the project. After your inquiry, one of our professional associates will make contact to discuss your request and quote for our services, in a timely manner.

How Long Does It Take To Get An Appraisal?

Depending on the scope of work for the project, complexity of the property and time commitments on current assignments, the turnaround time can vary greatly. Typically an expected completion date will be established at the onset of the assignment. Validating the accuracy of the data and writing a professional report requires a substantial time commitment for completion.

Why Would I Need An Appraisal?

An appraisal is necessary for various situations including: purchasing, re-financing or selling a property, estate planning, marital arrangements, litigation support, asset valuation and agreements or BC Assessment appeals.

Who Might Require An Appraisal?

An appraisal may be required by: lenders (banks), lawyers, accountants, corporations, courts, tax officials, realtor’s, property managers, insurance brokers and underwriters as well as any other professional who requires an impartial and independent estimation of value.

How Long Has D.R. Coell & Associates been in Business?

D.R. Coell & Associates Inc. is a Victoria based firm that has been in the appraisal, consulting and advisory industry since 1973. Our associates hold multiple designations and have cumulated 300 years
of experience. We take pride in our professionalism and high standard and commit to providing you with an impartial professional consultation.

What Areas Does D.R. Coell & Associates Service?

At D.R. Coell & Associates,our primary service area is the Capital Regtional District and extends to various regions across British Columbia and Canada.

Is The Appraiser Bound By A Confidentiality Agreement?

According to Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP), all appraisers are bound by a confidentiality agreement. At D.R. Coell & Associates, our professional appraisers and associates are all members of the Appraisal Institute of Canada and therefore adhere to all forms of confidentiality.