Depreciation Report and Insurance Appraisal
Lower Mainland
 

At AV Appraisals Inc., we are proud to provide professional Depreciation Reports and Insurance Appraisal for strata corporations and property managers throughout the Lower Mainland, one of British Columbia’s most diverse and dynamic regions. The Lower Mainland encompasses a wide range of municipalities, each with unique building profiles, community planning requirements, and long-term capital needs. We regularly serve clients in the following communities:

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• Vancouver

• West Vancouver

• North Vancouver

• Burnaby

• Richmond

• Surrey

• South Surrey

• Delta

• Tsawwassen

• Ladner

• Langley

• White Rock

• New Westminster

• Coquitlam

• Port Coquitlam

• Port Moody

 

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 include a detailed inventory of building components, lifecycle analysis, cost projections, and funding models that help councils make informed decisions, avoid unexpected expenses, and maintain the long-term value of their properties.

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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 Lower Mainland, AV Appraisals helps communities from city centers to suburban neighborhoods plan proactively, strengthen communication with owners, and meet both compliance obligations and practical financial goals. Whether in a high-rise in Downtown Vancouver, a townhouse complex in Surrey, or a mixed-use building in Burnaby, our commitment remains the same: to deliver accurate, transparent, and actionable depreciation reports that protect property values and support effective long-term planning.