In BC’s commercial real estate market, the triple net lease (NNN) is gaining ground as a preferred structure for landlords and tenants alike. By shifting the responsibility for property taxes, insurance, and maintenance to the tenant, landlords enjoy a more predictable income stream while tenants gain greater control over operating costs.
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Roots & Blues and Salmon Arm Property Values
The Salmon Arm Roots and Blues Festival isn’t just a cultural event—it’s a major economic driver. With over $5 million in annual impact, it supports local businesses, attracts tourism, and contributes to rising land values and stronger real estate appraisals across the region.
How New Industrial Developments Are Transforming Vernon, BC
Vernon, BC is undergoing a major shift as new industrial developments reshape its economy, create jobs, and support long-term regional growth—highlighted by projects like the Eco-Industrial Park in Coldstream.
Building Local Strength Through Industrial Development
New industrial developments play a vital role in strengthening local municipalities by creating jobs, expanding the tax base, and supporting long-term economic resilience.
Cultivating Value: Agri-Tourism in the North Okanagan
Agri-tourism is gaining momentum in the North Okanagan, where orchards, heritage sites, and farm experiences are reshaping rural property value.
Yukon Awakens: Economic and Cultural Revival
As winter fades, Yukon comes to life with economic momentum, cultural festivals, and community growth. From clean energy projects to tourism and infrastructure, the territory’s spring and summer seasons drive renewal and opportunity.
Cultivating the Past: Agri-Tourism in the Shuswap
Agri-tourism in the Shuswap is on the rise. From farm tours to heritage sites, rural properties are finding new value through visitor-driven experiences.
6 Key Things to Know About Commercial Appraisals
Commercial real estate appraisals are more than just numbers—they’re key to making informed property decisions. This post breaks down six essential things to know, from valuation methods and zoning to income analysis and the importance of appraiser expertise.
Exciting Updates to our Brand
This year, Quality Appraisals will celebrate a decade in business. To honor this achievement, we’ve unveiled an updated logo—please have a look and share your thoughts! We’re thrilled to reveal a major change too: a move to a historic building in Vernon for our new office. But the paint is still drying, so more […]
A Look at Real Interest Rates
Canada’s headline inflation rate was 4.3% in March 2023, down from 5.2% in February and the lowest it has been since August 2021. This cooling is on the heels of decelerating growth in food and gasoline prices. The base effect is a contributing factor, due to a jump in fuel prices in March 2022 following […]
3 Renovations That Can Add Value, And 3 That Probably Wont
Depending on the age and condition of your home, renovations can be a great way to increase its value and make it more appealing to potential buyers. However, not all renovations are created equal, and some don’t give homeowners the return on investment they are hoping for. As a humorous example, Michael Jordan’s home in […]
4 Reasons to Hire an Appraiser
Real estate transactions are complex and involve significant sums of money, making it important to have accurate information about the property being sold. Appraisals are a little known, critical component of real estate transactions, as they provide an objective estimate of value through a combination of property analysis, extensive market data and the appraiser’s experience. […]