Cambridge, Canada
6 George St N
N/A
+1 5197250244
Sincere appreciation to the REAC team for their incredibly friendly, prompt, professional and finely orchestrated service. The team afforded us easy scheduling, clear upfront instructions - including special considerations during the COVID-era - and quick turnarounds of an incredibly detailed and thought-through assessment based upon relevant comparables. Very happy with the service and justification of the appraised value & report content.
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Undervalued my property by 80k. Same house, same model home, same street, listed at 800k. What a waste, I would definitely not recommend them. House has been fully renovated, hardwood floors, painted, both washrooms renovated, new Roof was done in 2018. I would never recommend this company to anyone.
They performed and expensive appraisal on my home and they felt short by approximately 100-200K on the estimation of value. I gave them the opportunity to review the appraisal by providing them with a full video of the house with comments (I have 15 years of experience appraising the value of homes) Both the appraiser and the owner of the company debunked every single one of my comments without giving merit to any of them. They compared homes that were siding onto cemeteries and active Quarries to mine that is backing, siding and fronting onto conservation area with the view of the Niagara Escarpment in all directions. They did not assign any value to almost 500 sqf of covered Porches but assigned value to a Pergola in a comparable. Did not assign any value to the fact that my house is only 4 years old when compared with houses that are 20 years old. They did not assign a fair value to the finishes of this house, to the high end appliances, to the hundreds of square feet of interlocking. To the natural gas generator, To a huge cistern buried in the ground and much more. I gave the company the chance to review but they decided to stay put without properly reviewing the merit of my comments. I cannot recommend this company. Neither my mortgage broker nor myself with all these years of experience in the field could believe how low the estimation was in this appraisal. I gave this company originally 2 stars in my review but after talking to the owner and seeing that he never had any intention give merit to any of my comments I decided to go with the minimum rating because I could not recommend this company to anyone really.
Real Estate Appraising and consulting has been an integral partner in my Mortgage business of 17 years. My lenders and investors trust their expertise and valuations as do I especially over the last few years of our crazy home markets. Never a doubt in their professional opinion and first class customer service. Highly recommend for any appraisal services.
REAC is always available and responds to our questions in a timely manner. The office staff is attentive and the appraisers are always willing to give an explanation of their opinion of value.
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