Real Estate Appraisal

Parks Levy Assessment

gsi routinely values the land component associated with new residential and commercial developments, typically on behalf of developers, as part of an appeal of the cash-in-lieu of parkland contribution charged by a municipality.

Our Parks Levy Appraisal Report considers the impact that various site specific factors may have on the land value of a development project, such as: pre-existing under-improvements, site topography, cost sharing agreements, Section 37 contributions, and development charges.

gsi has completed numerous Parks Levy Appraisals for developers and municipalities.