For over 25 years, Normac has been the leading provider of insurance appraisals for strata corporations, building owners, property managers, and insurance brokers. Our comprehensive valuations are prepared by accredited appraisal experts who specialize in construction and replacement costs. We offer 3-year programs for our clients. The cost of the appraisal includes the initial appraised value, plus free annual updates.
With our reliable insurance appraisal reports, you can be confident that your strata is adequately insured and paying the correct insurance premiums. Our appraisals strata with a site inspection followed by a property analysis. The appraisal includes photographs, construction details, a description of assets included, a description of assets excluded, the appraisal process described, and our replacement cost conclusion. An insurance appraisal provides an estimate for replacement cost including:
- The structures
- Pavement, landscaping and fencing
- An allowance for demolition and removal costs
- An allowance to bring the original structure up to code
Experience the Normac Difference. Request a quote today.
Margarita Carlos, Business Development Manager
Nicole Daniels, Senior Business Development Associate
Oakwood Property Management Ltd.