Real estate appraisals & real estate valuations Victoria BC

Real Estate Valuation & Advisory Services

D.R. Coell & Associates

EST. 1974



From a single commercial building to a portfolio of properties, we provide professional real estate appraisal & real estate valuation services to a broad base of clients in both the private and public sectors. Founded in 1974, the firm has grown into a recognized leader in real estate appraisals in the Victoria area, with the primary goal of delivering quality reports that are timely and competitive.

Years serving British Columbia
Billion dollars in appraised values
Knowledgeable appraisers
Victoria real estate appraisals & valuations

Excelling in Real Estate Appraisals & Consulting

D.R. Coell & Associates offers commercial real estate appraisal and residential real estate appraisal services, replacement cost appraisals for insurance, depreciation reports, property tax consulting and litigation support.  Whether you are an investor considering a new acquisition or disposition, thinking about buying or selling a home, purchasing, selling or leasing a commercial property, or just seeking expert advice and not sure where to start – our appraisers can help.

Our Services


Our team of Appraisers have decades of combined experience, are all accredited members of the Appraisal Institute of Canada, and are always upgrading their education.  Further, all Appraisers at D.R. Coell carry professional liability insurance in accordance with the Canadian Uniform Standards of Professional Appraisal Practice.  With a unique array of specializations across our team, and an emphasis on teamwork and collaboration, D.R. Coell has the right expert available for any property appraisal assignment.   


With nearly half a century in business, D.R. Coell and Associates has built an outstanding reputation and fostered strong relationships within our industry.  Real Estate Appraisals often involve many stakeholders, including lawyers, federal, provincial, and municipal governments, accountants, lenders, investors and more.  This incredible reach provides us a unique opportunity to build professional connections across a range of other industries.  We leverage these connections to ensure that our clients’ specific and unique requirements are always met on time.  


We understand value.  In fact, we’re experts in it!  Accordingly, we price our services fairly and competitively.  Every engagement begins with a phone conversation to best understand the scope of our client’s specific requirements.  Often times, we are able to provide real estate appraisals in phases or consulting on an hourly basis to accommodate price constraints.  We understand the importance of accurate real estate valuations, and always provide updates of our Appraisals at a reduced fee. 

Proudly Serving

Real Estate Appraisals on Vancouver Island, Gulf Islands, Vancouver & Surrounding Areas

We’re in the neighbourhood – no matter where your neighbourhood is!  While our home base is in Victoria, BC, we proudly offer real estate valuations with no additional travel fees, for the entire Capital Region.  Our advanced office technology allows our Appraisers to access our databases and online platforms no matter where an assignment takes them.  We are always willing to travel around our beautiful island, and offer Vancouver Island appraisals from Fort Rupert to East Sooke, and everywhere in between.  We have experts on our team that regularly provide real estate appraisals on the Gulf Islands, and even appraise entire Gulf Islands.  Our experts also provide real estate appraisals in Vancouver and the interior of British Columbia.

  • D.R. Coell recently completed a complex appraisal on a mixed use Commercial Property for one of our vendor clients, their team went the extra mile, multiple meetings and site visits were needed and when it was all done they had prepared a thorough, accurate appraisal within the time frame predicted. Thank you for taking great care of our clients!

    Nathaniel Simpson – CBRE,


  • Liam is extremely professional! I am a long time resident and business owner here in Victoria and appreciate good quality workmanship.

    Mario Labonte,


  • I requested the services of D.R. Coell a couple years ago to provide an appraisal for some clients of mine who were in the process of purchasing a commercial property. It was a very in-depth report which required specific detailed answers for the lender and both my clients and I were very impressed with the results. Just last month, Liam Fast, provided me with an appraisal for a five unit conversion that I will be building and I was very happy with the detailed report and the realistic numbers. Liam was professional and thorough in his work and our interactions. As a realtor and builder, I would confidently recommend Liam and D.R. Coell.

    Dan Hagel,


  • DR Coell has always been professional and provided great service to my clients over the years. Being a busy realtor in Victoria it’s great to have a company you can rely on to provide timely advice and service when needed in tight timelines. Mishelle and Scott are always available to help provide guidance in situations when needed as well. All of the associates work hard and the team is a pleasure to work with.

    Chris Scott,


  • Working with the team at DR Coell and Associates to get valuation advice for possibly selling my condo was such a pleasure through the whole process. The appraiser I worked with was courteous and very professional and I couldn’t be happier!

    Sara Blockhuizen,


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