Results
Altus reviewed actual costing documentation and evaluated the project including land valuation, site improvements and applied appropriate depreciation schedules to short-lived items, based on industry expert testimony. The report was defended at the Assessment Review Commission, resulting in reduction of $20 million in the assessed value of the facility and further substantial tax savings. With our highly skilled and experienced personnel based in Canada, we are able to draw upon a diverse array of real estate experts to resolve the challenges that confront our clients. Our expertise includes real estate appraisal for all asset classes, financial analysis and modeling, urban land economics, costing specialists, project management, asset strategy, capital planning, market research, demographic analysis, land use planning, management consultation, property tax specialists and geomatics.