Furniture Appraisal and Estate Appraisal

What is an Appraisal?

An appraisal is an unbiased, reasoned opinion of value based upon an identification of the object and an analysis of the marketplace. This is a signed document which is suitable for submission to insurance companies, the courts and the Canada Revenue Agency. (note: you may not need a formal appraisal. Please contact us so we can help you determine the level of valuation you need).

What do we Appraise?

We assess all types of personal property:

  • Furniture appraisal
  • Jewellery appraisal (including estate jewellery as well as fine and costume jewellery)
  • Decorative Art appraisal
  • Textile appraisal (Rugs & Tapestries)
  • Silver appraisal (Flatware, Hollowware, Decorative)
  • Gold appraisal
  • Estate and contents sales
  • Glass appraisal
  • Porcelain appraisal
  • Coin appraisal
  • Antique appraisal (watches, clocks, toys & dolls, etc.)
  • Vintage Clothing
  • Sports Memorabilia appraisal
  • Fine Art appraisal (All Periods and Types)
  • Books & Historical Document appraisal

And more . .no job is too big or too small!

Why Request an Estate Appraisal?

Estate Settlement Appraisal: When a loved one passes it can be necessary to put a value on the property in their estate so that proper estate taxes can be paid to the CRA. Per federal regulations, a Fair Market Retail Value is needed.  

Insurance AppraisalSuch an Appraisal can be an invaluable way of protecting your possessions. Most homeowner’s policies only cover a certain minimal amount for household contents. At times of loss or damage, disputes may arise between the insurance company and the owner over the value of a particular item. An Appraisal by a competent appraiser reduces the likelihood of such a dispute. An Insurance Appraisal is completed using an item’s Replacement Value.

Divorce: In divorce proceedings where there is difficulty dividing common property, in cases involving the sale of certain property, or where parties are unclear as to a property’s value an Appraisal is sometimes requested or ordered to make such valuations. Such appraisals are usually completed using Fair Market Retail or Liquidation Value.

Division of Property: Most often connected to Estate Settlements, these valuations are not normally legally required, but assure all involved that property is being divided equitably. These are usually conducted using Fair Market Estate Sale, but depending on the circumstances may be completed using Replacement, Fair Market Retail Value or Liquidation Values. 

Donations to Charity: Most donations to charity are tax deductible. For significant non-cash donations (i.e. those items worth $1K or more),the CRA requires an Appraisal confirming the value of the items donated. As with Estate Settlements, the CRA requires the appraisals be completed at Fair Market Used Goods Retail Value.

Sales/Purchases: A Fair Market Retail Value Appraisal may be requested or required when selling or purchasing an item of value to assure that the item is not mis-valued.  

Walk Around Service: What is a walk around appraisal? It is just like it sounds. Estate appraisal Toronto GTAOne of our certified appraisers will walk around with you and verbally give opinions on values of the contents.  This is a great service to help decide on what items have value, what to keep, what to donate, what to sell and what to throw out.  The cost for this service starts at $200 for up to 1 hour in the Greater Toronto Area. For outside the GTA addition fees will apply.  If you have any further questions or would like to schedule a walk around appraisal, please contact us  416-569-9040 or

What is the Appraisal Process?

Step 1 – Initial Consultation
An initial consultation is conducted to discuss the client’s needs, timelines, inspection schedule, etc.

Step 2 – Examination
All of the property to be included in the Appraisal Report is carefully examined by the appraiser. The appraiser notes the characteristics of each item, including its condition, obtains measurements and takes photographs. The information is recorded by hand. The time spent in this phase is “On-Site” time.

In situations where a personal inspection is not possible as a result of theft, destruction by fire, or other circumstances, we rely on the client to provide us with photographs and/or detailed descriptions of the property.

Step 3 – Documentation
Photographs are taken to document the item’s existence and aid in the research.

If you have any relevant documentation, such as receipts, invoices, or old appraisals, we ask to review these. Documentation can provide a previous context of worth in the marketplace and enhance the value of your property.

Step 4 – Research
Appraisal values are based upon comparative sales analysis for each item. Research time is the time taken to identify marks and labels, verify dates, locate comparable items, investigate retail markets, and consult experts, if necessary. This approach produces an accurate report that fully protects you and your property.

Step 5 – Appraisal Report
All appraisal reports are issued in electronic form with digital signatures. Although we discourage it for environmental reasons, reports can be issued on paper if arrangements are made in advance. Included in the report is a cover letter detailing the process taken and definition of values used; the total value of the property; an itemized list of the property appraised; one set of photographs of the items, and the appraiser’s qualifications.


We charge strictly for time and incurred expenses for our appraisals, not based upon the value of the property appraised. Prior to beginning a formal appraisal, we will provide an estimate of the cost of services to be provided.

Please contact us so we may help you determine your specific appraisal needs.
To save time and money, we recommend that you prepare in advance for the on-site inspection:

  • Decide which items you want to have appraised
  • If there are items in the attic, closets, or garage, please make sure they are   accessible
  • Unpack items in drawers, boxes, trunks
  • Group similar items together
  • Arrange china and glass by patterns
  • Sort sterling from silverplate if you can
  • Gather receipts, sales slips, certificates of authenticity, photographs,  or earlier appraisals and place them with the appropriate items
  • Move large pieces of furniture away from the wall if possible
  • If there is art work hanging on the wall, please remove it if possible
  • If this is an estate appraisal with a will, make sure that all items specifically bequeathed are available for inspection