A neutral value for the family home
When a relationship ends, the family home is often the largest asset to divide. In Manitoba, family property is generally shared between spouses or common-law partners, subject to the applicable legislation and any agreements. If one person keeps the home, the other is usually compensated for their share, so getting the value right affects both people's futures.
Burley Appraisals provides an independent opinion of market value. We stay neutral, do not advocate for either side, and explain our reasoning clearly so both parties and their lawyers can follow it.
Which date the value is needed for
Family law matters may call for a value as of the date of separation, a current value, or both. Your lawyer will tell you which date or dates to use. We can value a property as of a past date using sales from around that time, the same way we do for estate appraisals.
Jointly instructed appraisals
Many couples, often on their lawyers' advice, agree to hire one appraiser jointly. Both parties, or both lawyers, provide instructions and receive the same report. This usually costs less than two separate appraisals and reduces the chance of a dispute between competing values. If the parties cannot agree, each may hire their own appraiser. Our article on home appraisals during separation and divorce in Manitoba covers both approaches.
Booking the inspection
We will arrange access with whoever lives in the home and keep both parties informed in the way their instructions require. The inspection takes 30 to 45 minutes for a typical home, and the report is typically delivered within 2 business days. Acreages, farm residences and rental properties are welcome; see acreage and farm residence appraisals.
Common questions
Can one appraiser work for both of us?
Yes. Jointly instructed appraisals are common. Both parties or both lawyers provide instructions and receive the same report.
Can you value the home as of our separation date?
Yes. We prepare retrospective appraisals using comparable sales from around the separation date. Your lawyer will advise which date to use.
Will the appraiser take sides?
No. The appraiser's role is to provide an independent opinion of market value, not to advocate for either party.
Is an online estimate or the assessment good enough?
Usually not. Online estimates and municipal assessments are not individual appraisals and are rarely relied on to divide property. See our guide to appraisals versus assessments.