What is an Appraiser?

In Summary:

What is an Appraiser?

A designated appraiser determines a valuation of real property by conducting market research, analyzing comparable sales, and inspecting properties.

There are two types of appraisers:

CRA’s (Canadian Residential Appraiser) are designated to appraise residential properties with fewer than four units, such as single family-homes, condominiums, and duplexes.

Residential properties like these single-family homes fall within the scope of a CRA’s expertise. (Martell, 2025)
Residential properties like these single-family homes fall within the scope of a CRA’s expertise. (Martell, 2025)

AACI’s (Accredited Appraisal Institute Canada) can can appraise all property types, including residential, commercial, industrial, agricultural, and institutional properties.

Downtown streets like this showcase a mix of commercial and institutional properties, which fall within the appraisal scope of an AACI designation. (Martell, 2025)

return