2025 – Volume 69 – Book 2
Canadian Property Valuation Magazine
2025 – Volume 69 – Book 2
- From the desk of the CEO: Ensuring that Members are recognized and rewarded
- Executive Corner: President Dowle focuses on helping Members meet today’s challenges
- Legal Matters – Case Comment: Cowichan Tribes v. Canada (Attorney General)
- Emerging Trends in Real Estate Valuation
- Extraordinary or Not? Unravelling the Use of Special Exclusions and Limitations in Appraisal Reports
- Navigating the AACI Applied Experience Exam: A Field Tested Approach
- And More!
Issue Articles
2025 – Volume 69 – Book 2
Emerging Trends in real estate valuation
Introduction Between 2020 and 2022, the real estate industry found itself captivated by the meteoric rise of the metaverse. Virtual parcels of land in platforms like Decentraland and The Sandbox were selling for millions, sparking intense debate about the future…...
2025 – Volume 69 – Book 2
Extraordinary or not? Unravelling the use of special exclusions and limitations in appraisal reports
The use of Extraordinary Assumptions, Extraordinary Limiting Conditions, Hypothetical Conditions and Jurisdictional Exceptions in our appraisal reports has long been, in my view, an under-taught, under-utilized and often misapplied part of our practice as appraisers. This is a serious problem…...
2025 – Volume 69 – Book 2
How to quantify the impact ofclimate risks and sustainability factorsin commercial real estate valuations
Background and context At the recent Appraisal Institute of Canada (AIC) National Conference in Montreal, there was significant discussion around the topic of the impacts of climate change, net zero carbon targets for commercial buildings, and how to quantify the…...
2025 – Volume 69 – Book 2
Case Comment: Cowichan Tribes v. Canada (Attorney General)
This is to be my last contribution to this venerable periodical – time to hand off the torch. I thank the Appraisal Institute of Canada and the appraisal community for the opportunity over the years to ponder “out loud” legal…...
2025 – Volume 69 – Book 2
Mass impact: influences, transitions, and Candidate opportunities in mass appraisal
Introduction Real estate is undeniably one of the world’s most impactful asset classes, yet its true value often gets obscured amidst fragmented data and varied interpretations. Mass appraisal addresses this challenge head-on, producing reliable, consistent valuations across vast property portfolios…...
2025 – Volume 69 – Book 2
Navigating the AACI Applied Experience Exam: a field-tested approach
The AACI Applied Experience (AE) Exam is one of the most pivotal milestones on the path to earning the P. App., AACI designation. Having failed it on the first attempt and recently completed it with a high score, I am…...
2025 – Volume 69 – Book 2
Value reconciliations: the beating heart of appraisal
Despite the number of highly skilled professionals in our field, reconciliations of data such as rents, capitalization rates, unit rates, and even sometimes final reconciliations, are often lacking in narrative ICI/CRE appraisal reports. Over the past dozen years, I have…...