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: December 2nd, 2023 @ 10:30:00 AM CST

Explore the financial wisdom behind obtaining a property appraisal when contemplating the shift from primary residence to rental property. In this insightful blog, we delve into the multifaceted advantages that a well-executed appraisal brings to this transitional phase. From optimizing tax benefits by accurately assessing capital gain exemptions to simplifying potential future sales to tenants through a solid valuation foundation, we uncover the pivotal role an appraisal plays. Moreover, discover how this strategic move can facilitate smoother financing for a new primary residence, leveraging the equity amassed in the rental property. Unravel the complexities of homeownership and investment, and learn how a single appraisal can be the key to unlocking a host of financial opportunities in your property journey.

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 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: April 1st, 2021 @ 11:30:00 AM CST

Rental expense and vacancy rates are rising in Winnipeg. One simple explanation? High supply and low demand.

Posted on: February 5th, 2019 @ 2:30:00 PM CST

We highlight what to know when purchasing or marketing an investment property outside of an urban center.

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