New Construction Appraisals

When buying a newly built home, its important to know the true market value of the home to make sure you are not over paying! This is so important in fact, that often times lenders will not finance a property until an appraisal is completed by a certified appraiser, to ensure they are not lending out more than the home is even worth.

New Construction Appraisals are typically more complex than standard residential appraisals. The reason for this is that there is little to no comparable home sales in the new construction market. Due to this, it is important that an appraiser exercise proper due diligence when conducting a new construction home appraisal, in order to ensure an accurate and proper valuation. With more than 15 years of experience in Calgary and the surrounding area, Benchmark Real Estate Appraisals is Calgary’s trusted source for New Construction Appraisals.