Depreciation Report and Insurance Appraisal
Kootenays

At AV Appraisals Inc., we are proud to provide professional Depreciation Reports and Insurance Appraisal for strata corporations and property managers throughout the Kootenays, a region of British Columbia known for its mountain towns, resort communities, and diverse residential developments. The Kootenays combine historic mining towns, lakeside communities, and ski resorts, each with unique planning challenges and property management needs. We regularly serve clients in the following municipalities and communities:

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• Cranbrook

• Nelson

• Trail

• Castlegar

• Rossland

• Kimberley

• Fernie

• Revelstoke

• Golden

• Invermere

• Radium Hot Springs

• Sparwood

• Creston

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From heritage-style condominiums in Nelson, to ski-in/ski-out resort developments in Fernie, Kimberley, and Revelstoke, to family-oriented stratas in Cranbrook and Castlegar, the Kootenays offer a wide spectrum of property types.

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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.

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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 supporting strata corporations across the Kootenays, AV Appraisals helps communities—from condominiums in downtown Nelson to resort stratas in Fernie and Radium Hot Springs—plan proactively, protect property values, and reduce financial risk. Our commitment is to deliver accurate, transparent, and actionable depreciation reports that councils and property managers can rely on with confidence.