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 29th, 2023 @ 1:30:00 AM CST

Embarking on the journey to build your dream home entails numerous challenges, with choosing the right builder at the forefront. Unraveling the complexities, it's essential to grasp the nuances of builder dynamics. Builders often profit from upgrades, emphasizing the need for discernment between essential and premium costs. Opting for smaller, local builders can foster a more personalized and cost-effective experience, while a deep understanding of local building codes is paramount. Legal scrutiny of contracts is non-negotiable, as these documents often tip the scales in favor of builders. Dissecting the myth that higher spending guarantees superior quality, the importance of a pre-construction appraisal is underscored. Negotiation skills play a role in shaping project costs, and fostering a trusting relationship with your builder is pivotal amidst the myriad decisions in home construction. In conclusion, consulting legal and appraisal experts is emphasized, transforming the challenges into a rewarding home-building endeavor.

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: December 15th, 2020 @ 4:30:00 PM CST

What are extraordinary assumptions and hypothetical conditions and what are they used for in residential appraisal reports? Let’s look at what they do.

Posted on: February 19th, 2019 @ 9:00:00 AM CST

Have you ever wondered what kinds of renovations bring the most value to your home?

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