About

Company Profile

Independent Appraisals is a full service appraisal firm that has been operating in Edmonton since 1984. We specialize in commercial property valuations, replacement cost analysis for insurance and also have extensive expertise in completing assignments for expropriation, litigation, and assessment appeals. In addition, we are able to offer consultation reports such as feasibility studies and lease rate surveys. We have completed assignments throughout Alberta, including northern communities, as well as British Columbia and Ontario.  

Overall, the nucleus of Independent Appraisals offers combined experience in excess of 40 years, with a long track record of report writing and professionalism. We are committed to providing the utmost in service while maintaining the type of high quality product you can depend on. All of the appraisers at Independent are members in good standing with the Appraisal Institute of Canada, are licensed in the province of Alberta, and are fully insured against liability.

Prinicipals

PRESIDENT – GRAEME E. PARKES, AACI, P.APP

Graeme started his career in 1991 with Parkes Luaghton and Associates in Vancouver where he was first employed as a researcher/assistant. Within a year he was completing appraisals on his own commencing with smaller one tenant commercial projects, industrial buildings, and apartment blocks. In 1998 the firm transformed to Parkes and Company Appraisals and he was promoted to the position of Senior Appraiser. His duties at this time included producing appraisals, as well as proof reading reports written by other appraisers. He learned to appraise multi-tenant income producing properties and became proficient at utilizing the "ARGUS" lease analysis and Discounted Cash Flow program. He also became conversant with conducting assessment appeals, acting as both expert witness and agent.

Graeme left Parkes and Company in 2000 when offered a job with Essex Appraisal in Edmonton. While with Essex he undertook a wide variety of assignments including appraising office towers, industrial buildings, shopping centres, hotels/motels, proposed projects and special use facilities. He currently completes assignments and assessment appeals on a wide range of commercial properties.