Michael A. Martyn, AACI, P. App (Retired)

Senior Associate


Mr. Martyn retired as a Senior Associate of D.R. Coell & Associates Inc. In private practice, he provided appraisal and consulting services on a wide variety of property types including commercial, industrial, multi-family, institutional and development land. Special areas of practice include rights-of-way, rental valuations, replacement cost insurance, and assessment review.

Although retired, Mr. Martyn is still very much a part of the D.R. Coell team.


  • Accredited Appraiser Canadian Institute (AACI, P.App)
  • Recertified until December 31, 2017, Continuing Professional Development Program, Appraisal Institute of Canada

Professional Affiliations

  • Retired Member, Appraisal Institute of Canada: Consistently held a Senior or Executive position at the National or Local level since 1980. President of the Appraisal Institute of Canada for 1991-92
  • Member, Victoria Branch, Urban Development Institute
  • Member, British Columbia Expropriation Association

Employment History

  • 2013 – 2015
    Senior Associate and Appraisal Consultant
    Real Estate Appraisal
    D.R. Coell & Associates Inc., Victoria, BC
  • 1985 – 2013
    Senior Appraiser, Vice-president and Partner
    Real Estate Appraisal
    D.R. Coell & Associates Inc., Victoria, BC
  • 1980 – 85
    Accredited Appraiser, AACI
    Real Estate Appraisal
    D.R. Coell & Associates Inc., Victoria, BC
  • 1977 – 80
    Residential Appraiser, CRA
    Real Estate Appraisal
    D.R. Coell & Associates Inc., Victoria, BC
  • 1975 – 77
    Staff Appraiser
    Saanich Branch
    BC Assessment Authority, Victoria, BC
  • 1974
    Staff Appraiser
    Property Assessments
    Department Municipality of Saanich, Victoria, BC

Property Valuations

  • Residential: Single Family Dwellings; Rural Acreages; Waterfront Estates
  • Multi Family: Raw Land Subdivisions; Townhouse Complexes; Condo Projects
  • Commercial: Office Complexes; Retail/Commercial Buildings; Service Stations
  • Industrial: Light Industrial Parks; Service/Commercial Projects; Vacant Lands
  • Institutional: Non-profit Society Holdings; Church Sites; Public / Private Schools
  • Public: Right-of-Way Valuation; Park Land Acquisitions; Public Works Yards

Development Proposals

  • Project Costing
  • Absorption Analysis
  • Market Comparisons


  • Replacement cost appraisals for residential, commercial, industrial and institutional buildings

Special Projects

  • Valuation of abandoned rail line Rights-of-Way
  • Valuation of Victoria Harbour
  • Assessment Appeal of Victoria International Airport

Expert Witness

  • Supreme Court of BC, for both Civil and Commercial Fraud Criminal actions
  • Property Assessment Review Panel
  • Property Assessment Appeal Board
  • Commercial Arbitration
  • Expropriation Compensation Board


  • Appointment to serve pursuant to the Commercial Arbitration Act