Thunder Bay & Northwestern Ontario Appraisals
Helping you understand your property's value
Lakewood Appraisal Services provides reliable real estate valuations for buyers, sellers, estates, divorces, refinancing, and more—offering clear guidance on current or past market values.
Lakewood Appraisal Services
We know Northwestern Ontario
For the last 60 years, Lakewood Appraisal Services has been bringing trusted expertise to real estate valuations, backed by deep local knowledge of Thunder Bay and Northwestern Ontario’s unique market conditions, communities, and property trends.
How can we help you?
Appraisals that support confident decisions during real estate purchases, sales, or market evaluations.
Valuations for duplexes, triplexes, and fourplexes to support transactions, investments, or refinancing needs.
Reliable appraisals for detached homes, supporting buying, selling, refinancing, or estate planning.
Comprehensive valuations for multi-family residential buildings, ideal for financing, acquisition, or tax purposes.
Backdated valuations to establish property value at a specific past date; essential for estates, legal disputes, or tax purposes.
Appraisals tailored to meet lender requirements for mortgages, equity loans, or refinancing purposes.
Professional valuations to settle estates, ensure fair distribution, or support probate and legal processes.
Appraisals that help determine accurate property value for CRA requirements or reassessment appeals.
Fast, impartial appraisals for employee relocations, ensuring a smooth transition and market-based evaluations.
Objective valuations to support equitable division of real estate assets during separation or divorce.
Valuations for cottages, cabins, and seasonal properties to support purchases, sales, or financing.
Appraisals for undeveloped lots or recreational land to guide purchase, development, or legal matters.
Is there anything you can't appraise?
Properties not within Lakewood’s scope are: any residential building larger than a four-plex; any property having any commercial use or even potential commercial use, and; any rural property with an agricultural use beyond a personal hobby farm.
Can you do retroactive appraisals?
Yes, we can. Under certain conditions, a client may ask Lakewood to estimate a property’s value at a specific point in the past—such as for capital gains tax, marital separation, or just before a loss from fire or other disaster for insurance purposes.
Can you appraise based on a hypothetical value?
Yes, we can. In some cases, a client needs to know what a property would be worth if already built or repaired—common for builder financing or renovation loans. These “as if” appraisals reflect a hypothetical value, not current market value, since the property isn’t yet in that assumed condition.
Do you offer appraisal consulting services?
Lakewood Appraisal Services also offers consulting on property value issues, billed hourly or per diem. Not sure if we can help? Call us—we’ll assist or point you to someone who can.
Do you appraise outside of typical business hours?
Yes, Lakewood Appraisal Services is available during evenings and weekends if required for appraisal
inspections.
Get expert guidance
Frequently asked
questions
Find quick answers in our FAQ section. If you don’t see your question listed, feel free to reach out — we’re happy to help and point you in the right direction.
60 Years of Lakewood Appraisals
With over 60 years of experience in Thunder Bay, Lakewood Appraisal Services has built a trusted reputation for accurate, professional property valuations. Our team provides reliable, timely appraisals tailored to your needs — from homes and vacant land to real estate, finance, tax, and more. Count on Lakewood for decades of local insight and proven appraisal expertise.
Request an Appraisal
Ready for an appraisal? Use the form below to get in touch with Lakewood Appraisal Services. Whether you need a residential, or special-purpose valuation, we’re here to help. Share a few details and we’ll get back to you promptly to discuss your needs and the next steps.
- bridget@lakewoodappraisals.ca
- 361 Lark Street
- Thunder Bay, ON P7B 1P4
