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Three Methods of Property Valuation

Originally published in the Comox Valley Business Gazette, June/July 2015 Every day our real estate appraisers are asked a simple question: What’s the current market value of my property? The basics of real estate appraisal lie in the use of three proven methods of valuation — the Cost Approach, Income Approach and Direct Comparison Approach Read More …

Steve Blacklock, One of the Comox Valley’s Top 40 Under 40

Originally published in the Comox Valley Business Gazette, Oct/Nov 2014 “In this line of work, people have a vested interest in the conclusions I reach,” says Steve Blacklock, a real estate appraiser with Wm. S. Jackson & Associates Ltd. “So the ability to work independently and confidently is probably the most important thing about my Read More …

New Rules a Boon For Property Owners

Published originally by the Comox Valley Business Gazette, Jan/Feb 2012 Strata corporations must commission a depreciation report before December 2013. The provincial government’s decision to require strata corporations to maintain a fund for maintenance and repairs is great news for consumers, says a Comox Valley real estate appraiser. In December, the B.C. government enacted changes Read More …

Changes to the Strata Property Act, December 2011

Originally posted on Dec 30, 2011 by Dan Wilson In Mid December 2011, the provincial government introduced new regulations making depreciation reports mandatory for strata corporations in British Columbia. Strata corporations of 5 units or less will be exempt from the requirements, plus a strata corporation may consider exempting itself by passing a ¾ vote Read More …

December 2011 Market Statistics

Originally posted on Jan 4, 2012 by Dan Wilson Happy New Year! This week, VIREB released their market statistics for December 2011. A snap shot of some of the more interesting facts: Single Family Home Sales (volumes) were down 3% from 724 in 2010 to 699 in 2011. The average sale price however rose slightly Read More …

Is That Property a Grow Op?

Originally posted on Jan 9, 2012 by Dan Wilson. Inspecting a rural property last week, I came across a few warning signs of grow op activity. #1, the detached shop was locked with no access available; #2, the shop had a high quality heat pump and fan system in place; and #3, there were large Read More …

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