Our Services / Territory / About Us
Coldstream Property Appraisals Inc.
We do market value appraisals for:
Residences
Acreage Properties
Relocation
Vacant Land
Rental properties
Service Area:
From the Edmonton area (which we also service):
East to Vegreville
Southeast to Camrose
South to Wetaskiwin
Southwest to Drayton Valley & Breton & Alder Flats
West to Jasper & Grande Cache
Northwest to Whitecourt, Fox Creek, Swan HIlls
North to Barrhead & Westlock & Athabasca
Northeast to Andrew & Redwater & Smoky Lake
Some of the communities we are in, or going through regularly include (in no specific order): Spruce Grove, Stony Plain, Devon, Calmar, Carvel, Duffield, Kapasawin, Wabamun, Entwistle, Evansburg, Niton Junction, Edson, Marlboro, Mackay, Nojack, Hinton, Whitecourt, Mayerthorpe, Blue Ridge, Cherhill, Sangudo, Gunn, Alberta Beach, Rich Valley, Barrhead, Onoway, Calahoo, Westlock, Edmonton, St. Albert, Beaumont, Leduc, Nisku, Sherwood Park, Tofield, Bon Accord, Namao, Fort Saskatchewan, Redwater, Gibbons, Tomahawk, Drayton Valley, Cynthia, Lodgepole, Breton, Alder Flats, Wetaskiwin, Radway, Fox Creek, Swan Hills, Waskatenau, Boyle, Athabasca.
Counties we are in, or going through regularly include (in no specific order): Strathcona, Sturgeon, Thorhild, Barrhead, Athabasca, Smoky Lake, Westlock, Lac Ste Anne, Woodlands, Yellowhead, Parkland, Brazeau, Wetaskiwin, Leduc, Camrose, MD of Greenview, MD of Big Horn.
Why get an appraisal?
aka: Real Property Appraisal
Note, on the residential side, if you are talking to a mortgage broker, or bank for a mortgage or credit line or both, (new or to increase an existing product), and they advise they need an appraisal of your property, there's a very good chance, they already have an appraiser lined up to do the job. Save yourself some time and money, ask your broker or lender if they already have an appraiser in mind. If yes, then you don't need to call me, as you'd spend money on an appraisal your lender might not use. All that is left to do, is to negotiate with your mortgage broker and/or lender on who is going to pay for the appraisal.
Other Services:
Market information - geography specific, days on market specific, type of property specific, sale to list price ratios.
Appraisal Reviews - If you are in possession of an appraisal produced by a CNAREA designated appraiser or candidate appraiser, and you would like it reviewed to ensure compliance with our appraisal association's standards (USPAP), and to ensure proper methods were used to arrive at the value in the report, Don is qualified to do same, as he has the Certified Appraisal Reviewer designation.
Replacement Cost Calculation - Residential Don's first 15 years were in and around the home, auto & commercial lines insurance industry as a sales rep, underwriter on the front line and at the management level. Calculating replacement costs of homes was a regular part of the business day. If you're a property owner and want a second opinion on the cost to replace your home, Don can help you. If you're a claims rep / insurance adjuster for an insurance company, or an underwriter for an insurance company, Don can help you.
About us:
Don George, joined his sister Rhonda George in the appraisal business in April, 2008, and in January, 2015, secured his full fledged appraiser designation - DAR (Designated Appraiser - Residential) with a 92% (honors) passing grade on a 6 hour exam. In March, 2015, Don secured the Certified Appraisal Reviewer designation. Don also has 20 years in and around the insurance industry, 15 of those years in the property & casualty insurance business, (home, auto, commercial) as a front line underwriter / sales rep, manager, and director of large teams for some of Canada's top property & casualty insurance companies and brokerage firms, based in Edmonton, Calgary, Kitchener-Waterloo, Ontario and Toronto. 13 of those 20 years has been as a manager or director, responsible for delivering on business plans, both revenue and cost control. Don has managed teams of up to 45 university educated insurance professionals at a time, delivering up to $8 million a year in revenue to his employer with the teams he managed, while also delivering on cost controls that were within his direct control.
Don has extensive experience in personal home insurance and commercial properties, and over those 15 years, has underwritten or given oversight to, the underwriting of thousands of properties representing hundreds of millions of dollars in insured values and millions of dollars in premium volume, covering properties across Western Canada, the North, and in Ontario. Part of an appraiser's job is to start by calculating what improvements cost to build, brand new. Don's insurance industry experience lends itself well to that part of the job, and to all of the analysis that is required in a credible result appraisal.
Don is a graduate of Augustana University College in Camrose, Alberta (now part of of the University of Alberta) with a BA in History - 1990. Don has 6 of 10 courses in the Chartered Insurance Professional program - CIP, and he has completed the CAIB designation (Canadian Accredited Insurance Broker) with honors academic standing in 2007 (86% overall average across all courses).
As of November 2021, Don has appraised over 8500 residential properties and is a supervisor for 1 candidate residential appraiser.
Our turnaround time is typically 48 hours from the time the actual property viewing is complete for residential appraisals. Turnaround time on commercial reports depends on the business and the complexity.
We are licensed by the Real Estate Council of Alberta, www.reca.ca .
We are members of the Edmonton MLS board and the West Central MLS board.
We are certified by and have designations from, the Canadian National Association of Real Estate Appraisers, www.cnarea.ca .
We have professional liability insurance for errors and omissions, through a group plan provided by CNAREA.
Contact:
Don George BA, DAR / CNAREA
Real Property Appraiser & Certified Appraisal Reviewer
Residential
email: appraisals.dgeorge@gmail.com
phone: 780 - 237 - 1646
