Statistics Canada defines housing depreciation as “the hypothetical amount of money that would be necessary to replace the used-up portion of the stock of dwelling owned and occupied by the target population at the end of the year”.

Our ACV Cost analysis has two components taken into consideration; Physical depreciation and Functional depreciation. Our pricing is reflective of the age of the property and the itemized building materials based on the marketing conditions at that time in that location. ACV is calculated on the rate the building materials depreciate over a period of time.