Embedded Files
Specialty Property Appraisals has extensive experience working with clients who need valuation services for improvements, pre-construction, personal property and inventory. Read below about additional services Specialty Property Appraisals can provide.
Asset Inventory & Valuation Services
What are Capital and Fixed Assets?
Capital assets are real or personal property that have value equal to or greater than the capitalization threshold for the particular classification of the asset and have an estimated life of greater than one year.
Fixed Assets are those assets that you would like to centrally monitor regardless of cost, fund or acquisition source.
Capital/fixed assets can include:
Land and land improvements
Buildings/structures and building improvements
Leasehold Improvements
Facilities and other improvements
Infrastructure
Construction in progress
Personal Property
Reserve Advisors
What is a Reserve Study?
A reserve study is an in-depth evaluation of a property's physical components and an analysis of its reserve funds. Based on a thorough on-site inspection, a reserve study details anticipated replacements or repairs to common-area elements and recommends annual reserve funding to cover capital expenditures for the next 30 years.
Reserve studies give community association managers, board members and property owners assurance that future major property expenses are identified early and that a funding plan is in place to pay for those expenses.
A well-prepared reserve study can avert special assessments and supports a harmonious community.
Guidance You Can Trust
The most accurate reserve studies are conducted by an engineer who knows building construction. In addition to a degree, top-tier reserve-study professionals typically hold an industry accreditation based on experience and advanced education. Look for such accreditations as Reserve Specialist (RS), earned through the Community Associations Institute, or Professional Reserve Analyst (PRA), awarded by the Association of Professional Reserve Analysts.
When you work with Reserve Advisors, you can be confident a degreed engineer will conduct your on-site inspection and develop your reserve study. All our advisors have also earned their RS or PRA designation or are currently working toward it.
Additionally, your study will be reviewed by other senior engineers as part of our quality review process. We insist on this extra step to ensure accuracy for you, something many other providers do not or cannot do.
Summit Valuation Group
Valuation Services in Canada
Headquartered in Mississauga, Ontario (Greater Toronto Area), Summit Valuations Group is a full service valuation firm that serves the Canadian marketplace, providing independent valuation services to financial, business, legal and governmental communities throughout Canada.
All of our projects are performed by a team of highly qualified and professional appraisers. All appraisals conform to the Uniform Standards of Professional Appraisal Practice (USPAP).
For more about Asset Management, Reserve Advisors or Summit Group, Contact Us.
Google Sites
Report abuse