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On Demand Webinars



Did you miss out on a past webinar topic? To meet the needs of busy work schedules, previously held webinars are now available online, on demand.  Registrants must identify the date they request to access the webinar. Note, this date must be at least 2 business days from the date of registration. The access link will be emailed to the registrant at the e-mail address provided in the registration form.   The webinar will be available for 24 hours on the date requested starting at 12:00 am EST.


Members must view the entire webinar and complete the brief feedback survey following the video in order to earn CPD credits. After completing that survey, the associated credit hours will be automatically uploaded to your IMA profile.

Click on any of the sessions below for a full webinar description. Register as a Members or Non-Member.


Description: Establishing accurate land values in an urbanized area where vacant land sales are scarce is not a straightforward exercise. Sales of improved properties can be used to determine vacant land values using accepted appraisal methods such as Abstraction and/or Allocation.

These approaches, while valid, present considerable difficulty in determining the appropriate dais-counts to sale price especially when the improvements on the sold property are not new. Add to this, factors like a region experiencing rapid growth, gentrification, infusion of foreign investment, ease of zoning variance approvals and the analysis becomes particularly challenging.

This webinar will examine current best practice, provide practical analysis techniques and discuss other macro economic factors that are becoming increasingly significant contributors to real property values.


Presented by:

  • Steven Eakins, M.I.M.A. (Equitable Value Inc.)
  • John Glen, M.I.M.A. (Equitable Value Inc.)

CPD Credits: 1.5 Learning


Description: Ports, Airports and Railyards present unique valuation challenges for assessors and fee appraisers alike. These major transportation hubs provide a vital public service and are important economic drivers for the regions they are located in. They often have some level of government regulation and control to ensure uninterrupted and safe passage for both people and goods.

Grant agreements between airport authorities and municipalities based partly on typical passenger loads - port authority container ship activity and the port’s ability to accommodate the much larger New Panamax ships introduced recently into service, provide a glimpse of the complexity associated with valuing these properties.

This webinar will explore the analysis techniques, market considerations, regulatory directives and the economic climate (both micro and macro) affecting the value of the properties. The focus will be on the practical application of these inputs to determine a final value.


Presented by:

  • Carlos Resendes, M.I.M.A. (IPTI)
  • John Glen, M.I.M.A. (Equitable Value Inc.)

CPD Credits: 1.5 Learning


Description: The valuation of Entertainment Properties is not a straight-forward proposition. Sports arenas/stadiums, racetracks, theatre/performing arts centres, are just a few examples of the diverse nature of this property group. Attendance and concession revenue, design trends and competition are examples of factors contributing in some way to the value of these properties.

This webinar will provide participants with in-depth review of typical valuation methodology associated with these properties. It will also discuss practical steps in the analysis required to identify and quantify the complex and varied factors that affect the value of these properties. As with other unique property groups, the viability and popularity of the activity taking place at the property is intrinsically tied to the real value of the property itself.


Presented by:

  • Carlos Resendes, M.I.M.A. (IPTI)
  • John Glen, M.I.M.A. (Equitable Value Inc.)

CPD Credits: 1.5 Learning


Description: The webinar will provide the attendee with a better understanding of the valuation principles pertaining to leisure properties. Categories and types of leisure properties will be discussed including resort hotels, golf facilities, marinas and casinos. Various valuation approaches will be considered, with emphasis on the application of the income approach. Property valuation procedure overview will be provided.

Data collection, identification of non-assessable components, analysis of revenue sources and expenditures will be covered. Appropriate analysis of capitalization rates and derivation of value for leisure properties will be discussed.


Presented by:

  • Carlos Resendes, M.I.M.A. (IPTI)
  • John Glen, M.I.M.A. (Equitable Value Inc.)

CPD Credits: 1.0 Learning


Description: Whether it is the gradual depletion of the asset in or on the land, as with the minerals contained in mines or the aggregate held in gravel pits, or the decrease of available land as a landfill site progressively reaches its capacity, the viability of these sites as going concerns in their present state may be affected.

This webinar will examine the effect if any that these diminishing assets have on the property’s value. How machinery and storage areas are treated in the valuation process will also be discussed. Site reclamation and remediation at the end of the productive cycle is another phase in the valuation of these properties and requires careful consideration of the market’s potential acceptance of these reclaimed sites as viable and part of the group of similar properties available for use and exchange.

This webinar will provide in-depth information on the relevant inputs associated with the valuation of these properties as well as practical steps to follow in developing their market values.


Presented by:

  • Carlos Resendes, M.I.M.A. (IPTI)
  • John Glen, M.I.M.A. (Equitable Value Inc.)

CPD Credits: 1.5 Learning


Description: Any interest in real estate that is capable of generating income can be valued using the direct capitalization approach. This requires an appropriate derivation of the capitalization rate. Depending on the quantity and quality of available data, there are various techniques used.

This webinar will cover the challenges assessors and valuators face in deriving capitalization rates in the application of the direct capitalization methodology. Emphasis will be given to derivation of the rates from comparable sales. As well, data requirements and practical application of the methodology will be discussed.


Presented by:

  • Steve Eakins, A.I.M.A. (Equitable Value Inc.)
  • Myke Harrison (MPAC)

CPD Credits: 1.0 Learning


Description: The determination of assessed values utilizing the income approach requires determination of fair market rents.

This webinar will provide the attendee with a better understanding of the definition of the fair market rents and will focus on various methodologies of derivation of market rents from the perspective of capturing all interests in the property to be valued. Residential properties, offices buildings and shopping centres will be discussed.


Presented by:

  • Paul Sanderson (IPTI)
  • Mike Cranney, M.I.M.A. (MPAC)

CPD Credits: 1.0 Learning


Description: In most jurisdictions including Ontario, assessment of land (property) is based on its current value. However, having made a value determination, the principle of equity must be considered. The assessment of land has to be equitable with that of similar lands in the vicinity.

This requirement may lead to a determination that the assessed value is lower than the current value of the property. Although this requirement seems to be straight forward, assessors, taxpayers and their representatives struggle with this concept.

In this webinar, two experienced presenters will discuss how to deal with these issues.


Presented by:

  • Jeff Grad, Affiliate (Equitable Value Inc.)
  • Joseph McFadden (MPAC)

CPD Credits: 1.0 Learning


Description: Any interest in real estate capable of generating income can be valued using the Direct Capitalization Approach. This approach is commonly applied by most assessment valuation agencies. It requires an appropriate determination of net operating income which creates the necessity for an appropriate estimate of fair market rents, vacancy and operating expenses. Depending on the quantity and quality of available data there are various techniques to be used.

This webinar will cover the challenges assessors and valuators face in deriving net operating income in the application of the valuation methodology. Data requirements and practical application of the methodology will be discussed.


Presented by:

  • Steve Eakins, A.I.M.A. (Equitable Value Inc.)
  • Myke Harrison (MPAC)

CPD Credits: 1.0 Learning


Description: The cost approach relies for its justification upon the "principle of substitution" which states that the purchaser of a property will not pay more for it than it would cost to provide an alternative property of similar functional utility.

An assessor's valuation needs to address the following question: How much would it cost to replace the existing property with an equally desirable and functional alternative? This requires an understanding of the cost to replace the functionality and utility of the property.

In this webinar, the presenters will discuss this important issue, share their experiences in dealing with properties and the identification and analysis of function and utility of the cost approach.


Presented by:

  • John Glen, M.I.M.A. (Equitable Value Inc.)
  • Patricia Budd, M.I.M.A. (Ducharme McMillen & Associates Canada)

CPD Credits: 1.0 Learning


Description: Litigation and property taxation disputes require the participation of an expert witness and advocate, typically legal counsel. An understanding of the respective roles, interactions and communications between the expert and legal counsel is necessary. Experts who are responsible for preparation of a report, and providing evidence at a hearing, may be concerned about interaction with legal counsel and their valuation being questioned by opposing legal counsel at a hearing.

This webinar will cover the "ins and outs" of preparing for a hearing, including the role of the expert witness and the advocate, how they should co-operate and work as a team without jeopardizing the independence of the expert witness, and the expert's ability to provide appropriate evidence.

The rules governing the use of experts, preparation of the expert's report, and recommendations as to what to include in the report, will be discussed. Communications and discussions between the expert witness and the legal team, including analysis of the strengths and weaknesses in the valuations of both sides, will also be considered.


Presented by:

  • Paul Sanderson (IPTI)
  • Jack Walker, Q.C. (Walker Longo & Associates, LLP)

CPD Credits: 1.0 Learning


Description: This webinar provides for an open discussion of the recently announced ARB rule changes and the practical impact that these revisions to the current process will have on stakeholders. This will be an online webinar panel discussion.

Panelists will provide a brief synopsis of the rule changes as a preamble to the open discussion. Participants will then be able to direct questions/comments to the panel and receive instant feedback from panel members.

The session will focus on clarification of the changes stemming from the ARB announcements - impact on stakeholders including lawyers, experts, MPAC representatives and municipalities.


Presented by:

  • Paul Sanderson (IPTI)
  • Jack Walker, Q.C. (Walker Longo & Associates, LLP)
  • Carlos Resendes, M.I.M.A. (IPTI)
  • Matthew Canter (MPAC)

CPD Credits: 1.5 Learning


Description: The use of mediation to settle disputes is on the rise and has become an accepted process for resolving valuation and property tax conflicts. All parties involved in the mediation and negotiation process are expected to actively participate in the process, however, the role of the assessor and the expert is not always clear.

The questions that commonly arise are: Is the issue sufficiently complex to retain an expert? Why obtain an expert and what would that expert's duties be? What is the appropriate behaviour? What preparations are required?


Presented by:

  • Paul Sanderson (IPTI)
  • Jack Walker, Q.C. (Walker Longo & Associates, LLP)

CPD Credits: 1.0 Learning


Description: The emphasis of this webinar will be on the challenges presented by applying the income approach when dealing with ad valorem assessments. The differences in valuations of properties for property taxation and valuations for other purposes will be identified.

Income approach valuation methodologies will be covered, including the appropriate ap-plication of the Direct Capitalization Method, derivation of gross lease areas, fair market rents, expenses and capitalization rates be covered.


Presented by:

  • Ryan Fagan, A.I.M.A. (Altus Group)
  • John Watling, M.I.M.A. (MPAC)

CPD Credits: 1.0 Learning


Description: The correct method of property assessment valuation of Big Box stores has been challenging and controversial. There is a tremendous amount of discussion taking place regarding an appropriate valuation methodology. Appeal tribunals and courts have made significant rulings based upon what has been labeled the "Dark Store" approach, causing significant challenges for taxing jurisdictions who were caught off-guard and must issue large refunds after the fact.

The presenters will share their experiences on the landmark changes in the assessments without the use of typical adversarial process. A valuation methodology including practical examples will be discussed.


Presented by:

  • Charles Johnstone, M.I.M.A. (Ryan)
  • Michael Lambrech (MPAC)

CPD Credits: 1.0 Learning


Description: Commercial properties such as retail, shopping centres, office buildings and other similar properties are typically bought and sold on the basis of the income they generate. As they are typically considered investment properties that can generate a return on capital in the form of rents, traditionally these properties have been valued on the income approach.

It is always challenging to determine fair market rent, expenses and appropriate capitalization rates. For many smaller retail properties, there may be sufficient evidence of market sales transactions. In those situations, consideration needs to be given to the market sales approach.

This webinar will discuss the appropriate valuation approaches with emphasis on income and market sales comparisons in order to accurately determine the value of commercial properties.


Presented by:

  • John Watling, M.I.M.A. (MPAC)
  • Steven Eakins, A.I.M.A. (Equitable Value Inc.)

CPD Credits: 1.0 Learning


Description: The valuation of property that is subject to some form of contamination is particularly difficult. Much depends on the nature of the contamination/impairment and the type, and cost, of necessary remediation works.

This webinar will look at the background to environmental impairment, the valuation standards that apply to contaminated properties, and how valuation methodology needs to be adapted to meet the demanding requirements for this type of work.

It will look at issues concerning the highest and best use of the property as impaired and consider how the three main valuation methods - sales comparison, cost and income approaches - need to be adapted to reflect the contamination. In addition to looking at the cost of necessary remediation works, they will also consider the liability impacts, use limitations, and possible stigma attaching to contaminated properties.

The webinar will also cover how to deal with such properties within a mass appraisal environment.


Presented by:

  • John Glen, M.I.M.A. (Equitable Value Inc.)
  • Carlos Resendes, M.I.M.A. (IPTI)

CPD Credits: 1.5 Learning


Description: Any interest in real estate capable of generating income is typically valued by direct capitalization. Although capitalization rates can be estimated using various methods, the technique used will depend on the quantity and quality of the data available. .

Deriving capitalization rates from comparable sales is the preferred technique when sufficient sales data of similar comparable properties is available. The Direct Capitalization Method requires an appropriate estimate of net operating income which requires an appropriate estimate of operating expenses.

The presenters will focus on the estimate of expenses and deriving an appropriate capitalization rate using the Direct Capitalization methodology. Practical examples will be covered.


Presented by:

  • John Glen, M.I.M.A. (Equitable Value Inc.)
  • John Watling, M.I.M.A. (MPAC)

CPD Credits: 1.0 Learning


Description: The valuation of land for assessment purposes is always a challenging and difficult process. The issue of highest and best use of the land as if vacant and as if improved will be discussed.

Focus will be given to the methodology of derivation of value for the land, as vacant, with the primary application of the sales comparison approach.

Practical examples of the valuation of a typical parcel of land will be included.


Presented by:

  • John Glen, M.I.M.A. (Equitable Value Inc.)
  • John Sheppard (MPAC)

CPD Credits: 1.0 Learning


Description: This webinar will focus on the application of the cost approach and whether the cost approach, if appropriate-lately applied, can determine an accurate current value. Emphasis will be on the derivation of value for single and special purpose properties. The presenters will discuss whether the cost valuation methodology, as it is typically applied, is capable of providing a realistic estimate of value. The application of the market sales and income approaches will be discussed. The challenges dealing with the ability to estimate a replacement cost new and depreciation allowances will be discussed.


Presented by:

  • Larry Hummel, M.I.M.A. Life (IPTI)
  • John Sheppard (MPAC)

CPD Credits: 1.0 Learning