Service 02 of 3 · Self Storage Appraisals
Market value and replacement cost are different questions. CSSVS provides both — objective appraisals for financing, acquisition, disposition, and insurance, accepted by every major Canadian lender.
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| Occupancy | – |
| Average rent | – |
| Net operating income | – |
| Capitalization rate | – |
| Value estimate | – |
| Term of projection | – |
| Income escalation | – |
| Expense inflation | – |
| Stabilized occupancy | – |
| Terminal cap rate | – |
| Reversionary costs | – |
| Yield rate | – |
| Value estimate | – |
Explainer video
The right appraisal depends on why you need it. CSSVS reports support each of these situations with the standard of evidence lenders and institutions expect.
Market value appraisals accepted by all major credit unions and Canadian banks for mortgage financing and refinancing.
Objective valuations to support acquisitions, dispositions, and capital allocation decisions — opinions that hold up in negotiation.
Replacement cost appraisals ensuring your facility is accurately insured — not over- or under-insured.
Ongoing portfolio reviews, IFRS reporting support, assessment appeals, and annual asset valuations for funds and REITs.
The right format depends on who's reading the report and what they need it to do.
Full CUSPAP-compliant narrative appraisal with income, cost, and sales comparison approaches.
Streamlined format for lender review and portfolio management.
Detailed replacement cost analysis for insurance underwriting purposes.
Third-party reliance letters extending report use to additional parties.
Market value is the estimated price a facility would sell for on the open market between a willing buyer and seller. Replacement cost is what it would cost to rebuild the facility today — the figure insurers use. CSSVS provides both, depending on your purpose.
Most institutional lenders require a comprehensive narrative report. Some portfolio or renewal situations accept a concise form report — we'll confirm the right format with your lender before starting.
Most appraisals are completed within two to three weeks of a site inspection, depending on report complexity and data availability.
Yes. We can issue a reliance letter extending the report to additional named parties.