Depreciation Report and Insurance Appraisal
Fraser Valley
 

At AV Appraisals Inc., we are proud to provide professional Depreciation Reports and Insurance Appraisal for strata corporations and property managers throughout the Fraser Valley, one of the fastest-growing regions in British Columbia. With its mix of urban centers, rural communities, and expanding residential developments, the Fraser Valley presents unique challenges and opportunities for long-term planning. We regularly serve clients in the following municipalities:

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• Abbotsford

• Chilliwack

• Mission

• Langley Township

• City of Langley

• Maple Ridge

• Pitt Meadows

• Hope

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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.

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Our reports provide:

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• A detailed inventory of building components and systems

• Lifecycle analysis with replacement timelines

• Cost projections that reflect current and regional construction conditions

• Funding models designed to balance owner contributions with sustainable planning

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By working with strata corporations across the Fraser Valley, AV Appraisals helps communities—from Abbotsford high-rises to townhome complexes in Chilliwack, to rural strata developments in Mission and Hope—develop clear strategies that protect property values, avoid financial surprises, and ensure responsible long-term management. Our commitment is to deliver accurate, transparent, and actionable depreciation reports that strata councils can rely on with confidence.