Capital Gains Appraisals-Certified Property Valuations for CRA
When selling a property in Canada, you may be subject to capital gains tax. To calculate this fairly, you will need a certified capital gains appraisal—a professional property valuation that determines the property’s market value at the relevant date (often the date of acquisition, inheritance, or sale).
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At Walson Consulting Inc., our AIC-designated appraisers provide detailed, CRA-recognized reports that help you stay compliant and avoid disputes with the Canada Revenue Agency.
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What is a Capital Gains Appraisal?
A capital gains appraisal is an independent, certified valuation of your property that determines its fair market value at a specific point in time. This value is essential for:
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Calculating capital gains tax owed when selling a property
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Establishing property value at inheritance (date-of-death appraisals)
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Supporting CRA reporting requirements with defensible evidence
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Protecting you in the event of an audit or dispute
Without a professional appraisal, you risk overpaying taxes—or facing challenges if CRA disputes your declared property value.
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Why You Need a Professional Capital Gains Appraisal
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AIC-certified appraisals provide peace of mind and legal credibility. For property owners, accountants, and estate lawyers, the benefits include:
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CRA-Recognized Reports – Our reports are widely accepted by the Canada Revenue Agency.
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Risk Protection – Avoid costly tax disputes by providing defensible documentation.
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Estate & Inheritance Support – Establish date-of-death property values for probate and estate settlements.
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Trusted by Professionals – Our appraisals are relied on by accountants, tax specialists, estate lawyers, and executors.
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What’s Included in a Capital Gains Appraisal Report
Our comprehensive reports (20–30 pages) follow CUSPAP standards and typically include:
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Full property inspection with photographs
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Comparable recent sales analysis
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Market trends and neighborhood insights
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A clear, well-supported valuation conclusion
Every report is prepared by an AIC-accredited appraiser and backed by professional liability insurance for your protection.
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Service Areas for Capital Gains Appraisals
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We provide certified home appraisals across the Greater Toronto Area (GTA), including:
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Toronto Region: Toronto, East York, North York, York, Etobicoke, Scarborough
Peel Region: Mississauga, Brampton, Caledon
Halton Region: Oakville, Milton
York Region: Markham, Newmarket, Richmond Hill, Stouffville, Vaughan/Thornhill and Woodbridge
Durham Region: Pickering, Ajax, Whitby, Oshawa
Not in these areas? Contact us to confirm service availability!
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Frequently Asked Questions About Capital Gains Appraisals
Do I need a capital gains appraisal for CRA?
Yes. The Canada Revenue Agency (CRA) requires a fair market value at the time of acquisition, sale, or inheritance to calculate capital gains tax. A certified appraisal provides defensible evidence that CRA will accept.
Can I use a realtor’s opinion instead of a certified appraisal?
No. A realtor’s opinion or online estimate is not accepted by CRA. Only a certified appraisal from an AIC-designated appraiser provides the independence, compliance, and credibility needed for tax reporting.
How much does a capital gains appraisal cost?
The cost depends on the property type, size, and complexity. Most residential assignments are a few hundred dollars. We provide a free, no-obligation quote before proceeding so you know exactly what to expect.
When should I order a capital gains appraisal?
It’s best to order an appraisal:
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At the time of sale (to establish current value)
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At the date of inheritance or death (for probate/estate purposes)
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At the time of property acquisition if you plan to rent or sell later
Are capital gains appraisals needed for inherited property?
Yes. When someone inherits real estate, the CRA considers the property to have been disposed of and reacquired at its fair market value on the date of death. An appraisal establishes this value for tax and probate purposes.
Are your appraisal reports court-admissible?
Yes. All reports are prepared by AIC-designated appraisers in strict compliance with CUSPAP standards. They are recognized by CRA, courts, financial institutions, and legal professionals.
​​Why Choose Walson Consulting Inc. for Your Capital Gains Appraisal?​
When it comes to capital gains appraisals, precision and credibility matter. At Walson Consulting Inc., we offer:
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Certified & Experienced Appraisers – AIC-designated professionals with deep knowledge of the GTA market
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CUSPAP-Compliant Reports – Meeting the highest industry and CRA standards
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Independent & Unbiased Valuations – Trusted for estate, tax, and legal purposes
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Fast Turnaround – Detailed reports delivered quickly to meet deadlines
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Get a Certified Capital Gains Appraisal Today
Looking for a capital gains tax appraisal you can rely on? Whether for CRA compliance, estate planning, or inheritance, Walson Consulting Inc. provides certified property appraisals you can trust.