Appraisal Blog

GVS Home Appraisals specializes in rural appraisals including small towns, cottages and farm homes. In addition to these areas we also have extensive experience in providing a value for property in the City of Winnipeg.

Posted on: November 27th, 2023 @ 4:00:00 PM CST

At a critical crossroads in urban development, the City of Winnipeg grapples with a nuanced challenge: balancing growth aspirations with stringent building practices for citizen safety. Recent regulatory shifts, while commendable in their commitment to robust regulations, have unintentionally hindered small-scale investors, particularly those focused on expanding mid and low-income housing. The oversight is starkly evident in the disproportionate impact on investors constructing on infill lots in developed areas, notably impeding efforts to meet housing demands in revitalization-needing zones. The well-intentioned introduction of red tape, beneficial in new developments, paradoxically becomes a stumbling block for infill lot investors, creating a conundrum that conflicts with the city's overarching goal of addressing housing needs. This discussion delves into the intricate challenges of infill lot development, advocating for a balanced approach that considers the specific needs of investors and fosters fair and equitable growth throughout Winnipeg.

Posted on: November 23rd, 2023 @ 7:30:00 AM CST

Dive into the impact of rising interest rates on Manitoba's real estate market. Uncover the swift rise in monthly payments, the uncertainty haunting buyers, and the potential long-term effects on property values. Discover why obtaining a property appraisal now is a strategic move in a market undergoing significant economic shifts.

Posted on: November 22nd, 2023 @ 10:30:00 AM CST

5 Reasons The Income Approach is an underused tool for investors considering purchasing a rental home.

Posted on: November 21st, 2023 @ 12:00:00 AM CST

Check out a summary of the current market conditions the Winnipeg Regional Real Estate Board has seen in the past month.

Posted on: November 16th, 2023 @ 12:00:00 PM CST

Ever wonder how banks figure out what your home's worth? Well, it's all about getting it appraised.

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