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Corporate Profile
RAY BOWER APPRAISAL SERVICES INC. is a full service Canadian real estate consulting and appraisal firm located in Ontario, Canada. Our Advisory and Review services extend throughout the entire country. The company has a wide range of experience and expertise in all areas of real estate consulting and appraisal assignments.
For over 40 years, the firm has provided services to both the private and public sectors, including financial institutions, law firms, corporations, municipalities and both the Provincial and Federal levels of Government. These services range from data collection to data analysis, appraisal, consulting, appraisal review reports, updates, assessment appeals, lease studies, expert witness, trial exhibits preparation, etc.
Every effort is made to provide our clients with expedient and objective service, with quality standards being our prime objective.

Qualifications

CIRRICULUM VITAE

Ray Bower is an experienced professional Real Estate Appraiser, having been associated with one of the largest Real Estate Brokerages in Essex County, Ontario between 1972 and 1992. In 1993 Ray Bower Appraisal Services Inc. opened an independent firm which today is one of the most experienced Real Estate Appraising & Consulting firms in Canada.

He has extensive experience in appraisal, consulting and appraisal reviews on residential, multi-residential, commercial and industrial properties; vacant lands, air rights, water lots, partial takings, etc. Reports have been completed for mortgage purposes, litigation, transfers, expropriations, tax purposes, assessment appeals, proposed developments, rental studies, market analysis, feasibility analysis, highest & best use studies, etc. His current focus is on both litigation and review work.

APPRAISAL INSTITUTE OF CANADA

  • Member - Professional Standards Adjudicating Committee 1998 - 2000
  • Member - Appraisal Institute of Canada Standards Committee 2000 - 2005
  • Chairman - Appraisal Institute of Canada Standards Committee 2005 - 2009
  • Chairman - Standards Committee - IVS Sub-Committee 2009 - 2010
  • Special Investigator - Professional Practice AIC - 2010-2011
  • Chairman - Professional Practice Seminar Redevelopment Committee - 2011-2012

  • Certified Lecturer - Appraisal Standards Seminar 1994 - Current

ONTARIO ASSOCIATION (OAIC) Appraisal Institute of Canada

  • Chairman - Windsor Chapter 1983 - 1989
  • Member - Board of Directors 1988 - 1996
  • Chairman - Professional Development Committee 1989 - 1991
  • Chairman - Professional Practice Investigating Committee 1990 - 1992
  • Chairman - Finance/Management Committee 1992 - 1994
  • Co-Chairman - Fee Appraiserís Symposium - Toronto Ontario 2002 - 2011
  • Member - Professional Development Committee - 2000 -

  • President of the Ontario Association (OAIC)
  • Appraisal Institute of Canada 1994 - 1995

  • Raymond G. Bower, B.Comm., AACI, P.App., FRI

EDUCATION EXPERIENCE

  • University of Windsor - B.Comm, 1970 -Bachelor of Commerce
    Honours Business Administration
  • Appraisal Institute of Canada - AACI, P.App., 1986
    Accredited Appraiser Canadian Institute
  • Real Estate Institute of Canada - FRI, 1986
    Fellow of the Real Estate Institute

PUBLISHED ARTICLES

  • Primun Non Nocere - Canadian Property Valuation - Vol.49 Bk.3 - 2005
  • The Standards: A Living Document - Canadian Property Valuation - Vol.51 Bk.2 - 2007
  • Standards Rules - The Ethical Nuances - Canadian Property Valuation - Vol.51 Bk.4 - 2007
  • Promoting a Positive Professional Perception - Canadian Property Valuation - Vol.52 Bk.1- 2008
  • Primer on International Valuation Standards - Canadian Property Valuation - Vol.52 Bk.4 - 2008
  • The New Professional Practice Seminar - Canadian Property Valuation - Vol.56 Bk.1 - 2012

AWARDS

  • MEMBERSHIP AWARD - 2012

    In recognition of 40 years of dedication to the
    Windsor Essex County Association of Realtors and the community it serves.

  • PRESIDENTíS AWARD OF EXCELLENCE - 2012

    The Presidentís Award recognizes a member of the Ontario Association of the Appraisal Institute who has demonstrated significant contribution to the profession and Appraisal Institute community in such areas as leadership, research and education, AIC affairs, and government promotion of the profession.

MEMBERSHIP

  • Appraisal Institute of Canada
  • Real Estate Institute of Canada
  • Arbitration and Mediation Institute of Ontario Inc.
  • Ontario Expropriation Association
  • Windsor Essex County Association of Realtors
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