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Financial Institutions

Appraisal Services

At Burgess, Cawley, Sullivan and Associates (BCS), we provide you the most reliable, up to date real estate appraisals in BC. We look at each property through several lenses to ensure an accurate and unbiased valuation.

Our strength is in our reports and analysis. Not only do we examine the sales histories of similar properties (Direct Comparison Approach), we also provide both an income and discounted cash flow valuation (where applicable). Our reports include full rental details, including step ups, renewal assumptions and roll over assumptions. We derive this from recent lease comparables and discussions with asset managers, property managers and brokers. This allows you to assess not only the realization value of the asset, but the quality and certainty of lease payments. Our reports, therefore, allow you to evaluate both the security and the repayability of the loan.

All of our reports include updated regional economic data describing the provincial and local economic factors that may influence lending decisions and interest rate adjustments for the subject property. This analysis is particularly helpful when lending at distance.

Our specialists understand different property types and different parts of British Columbia. Although our reports contain all the relevant information you require, our professionals are available to answer any specific questions that you may have. It is important to understand the nuances of each market and our professionals strive to understand this. They know it is critical for your assessment of the risk of the asset.

Your job is making important lending decisions. Our job is providing you the information you need to succeed.


If a company or organization is interested in ICI funding (Investment, Commercial and Industrial) real estate, or Multi-Family (new strata projects or rental apartments), the professionals at BCS can help you in different ways. We know how to develop the asset and security aspects of loan approval, helping credit decision makers to make sound collateral judgements. Our in-depth knowledge of the rental market, strata market, construction costs, and competition (existing and pending), allows us to work with clients to develop risk management criteria based on the cash flow and repayability assumptions of commercial real estate lending.

Contact Us
Main: 604.689.1233
Fax: 604.689.0538
"Our firm always relies upon Burgess, Cawley, Sullivan & Associates to provide thorough and accurate appraisal reports."
- Private investor