Although there are many reasons for getting a Home Appraisal, the most common reasons are Real Estate and mortgage transactions. Some other reasons include:

• To obtain a loan.
• To establish the replacement cost of insurance.
• To contest high property taxes or for Revenue Canada(GST).
• To settle an estate.
• To establish a purchase or selling price.
• For matrimonial (prenuptial/divorce settlement) purposes.
• For employee relocation purposes