Real Estate Appraisal

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.