Depreciation Report and Insurance Appraisal
Cariboo
At AV Appraisals Inc., we are proud to provide professional Depreciation Reports and Insurance Appraisal for strata corporations and property managers throughout the Cariboo Region, a diverse area of British Columbia known for its resource-based communities, ranching heritage, and growing residential developments. With its mix of urban centers, rural towns, and recreational properties, the Cariboo presents unique considerations for long-term strata planning and financial management. We regularly serve clients in the following municipalities and communities:
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Williams Lake
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Quesnel
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100 Mile House
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Wells
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Likely
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Horsefly
The Cariboo is home to a variety of property types, ranging from condominiums and townhouse complexes in Williams Lake and Quesnel, to vacation and recreational strata properties in communities like 100 Mile House, Likely, and Horsefly. Each has specific capital planning challenges influenced by climate, building age, and market conditions.
Our work in these areas is guided by the Strata Property Act, ensuring every Depreciation Report we prepare is legislatively compliant while remaining clear, practical, and tailored to the specific needs of each strata corporation.
Depreciation Reports are essential tools for strata councils, owners, and property managers, as they provide a 30-year planning horizon for major repairs, renewals, and replacements of common property and assets.
Our reports provide:
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A detailed inventory of building components and systems
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Lifecycle analysis with replacement timelines
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Cost projections that reflect current and regional construction conditions
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Funding models designed to balance owner contributions with sustainable planning
Across the Cariboo, from urban stratas in Quesnel to resort-style and recreational developments near 100 Mile House, AV Appraisals delivers transparent, reliable, and actionable depreciation reports that councils and property managers can trust. Our commitment is to equip strata corporations with the tools they need to plan proactively, safeguard their investments, and manage their properties responsibly for years to come.