Royal Lepage

Lakes of Muskoka Brokerage, Independently Owned & Operated

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Sit back and relax, we have you covered!

Wind Turbines

Wind turbines are powerfully useful. For example, with older energy generation techniques such as using fossil fuels, to generate electricity one must use some of the earth's natural resources. In the case of fossil fuels, these one day will run out.

Wind turbines have no effect on the earth's composition and do not need to dig into anything to be able to generate. They take nothing from the earth as an organism, and this makes them a mighty weapon in the battle against climate change.

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Wind turbines do not produce any emissions, be it carbon dioxide the cause of climate change or other such chemicals which may be harmful. Though the construction of a wind farm or turbine requires electricity and source material, it is estimated it takes a mere nine months for a single wind turbine to 'pay back' what is has taken out. What is more, after that initial nine months pay back time, wind turbines do not require anything but the wind to operate.

The biggest benefit of wind turbines, however, is that they take a natural source and make it useful. The wind blows everywhere in the world, and all wind turbines do is take the previously unused kinetic energy of natural weather phenomenon and create usable electricity.

Put simply, the benefits of wind turbines and wind power are overwhelmingly convincing.

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Sources

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Posted in Real Estate Post Date 03/11/2016


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Appraisal Overview

There are three approaches to value that we can consider – Income, Cost and Direct Sales Comparison. Depending on your property, we will gladly explain which approaches apply and can aid us in determining the market value, if that is the value that is sought after. There are many kinds of value that can be required, but, by far, market value is the most commonly required. This requires an in depth and firsthand knowledge of the local market place.

Common Myths

MYTH: An appraisal is the same as a Realtors Opinion of Value.

FALSE. An appraisal is an in depth view of the property with features and factors being compared to other properties with similar features and factors. The sales considered have to meet the definition of market value as laid out in CUSPAP. Appraisals signed by designated members have usefulness for financing and estate planning and settlement, whereas opinions of value typically do not.

Frequently Asked Questions

What is the cost of an appraisal?

That will depend on the purpose of the appraisal and the location of the property. How long will it take to complete the appraisal once an inspection takes place. Again, depending on the purpose of the appraisal, a typical re-financing assignment will be completed for the lender within 3 days. Referrals – our Clients have included Financial Institutions, Law Offices, The Federal Government, Private Lenders, Personal Property Owners, to mention a few.

 

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