OVER 30 YEARS OF LOCAL EXPERTISE
Stewart, Weir, MacDonald Ltd. is a Yellowknife real estate appraisal and consulting firm which has been in operation in the Northwest Territories and Nunavut since 1984. Owned and operated by Lauchlin MacDonald who started with the company in its early days. Lauchlin has traveled extensively throughout both Territories, and has had occasion to visit, and do business in every one of the 57 communities in the Arctic and sub-Arctic, during his career. As such, it is a “northern” firm, registered with the Government of the Northwest Territories, Government of Nunavut and Government of Yukon with a specialized knowledge of northern properties. Over the years, it has evolved from a small firm providing residential (mortgage) appraisals to local lending institutions, into a multi-faceted service provider of various valuation functions, including mortgage appraisals on residential (single and multi-family), commercial and industrial properties, as well as institutional, or government buildings. The firm has also been involved in the insurance valuations (replacement cost), assessment for property taxes, and real estate consulting, including research projects, surveys and land pricing policies in remote regions. For the period 1995 to 2003, the City of Yellowknife contracted Stewart, Weir, MacDonald Ltd. to provide valuations for property tax purposes, of all land and buildings within the municipal boundaries of the City. The assessment process and legislation in the NWT requires that the values for all buildings be calculated on a depreciated replacement cost basis.
With a primary office located at 5004 50th Avenue, in downtown Yellowknife, and a satellite offices in Iqaluit, the capital of Nunavut and Whitehorse, the capital of Yukon, Stewart, Weir, MacDonald Ltd. is well positioned to assist companies interested in participating in the northern economy, and the future benefits and rewards anticipated by all northerners.
The company employs a staff of eight full time and two part time persons, two of whom hold designations (AACI) from the Appraisal Institute of Canada.
Lauchlin MacDonald, AACI, is one of the co-founders of the firm, and currently, sole shareholder. He holds the designation Accredited Appraiser of the Canadian Institute (AACI) from the Appraisal Institute of Canada.
Mr. Gardiner McCarthy, AACI has been with the firm since 2006, he also holds the designation Accredited Appraiser of the Canadian Institute (AACI). Gardiner has a Bachelor of Commerce degree from the University of Alberta.
Mr. David Larcher has been with Stewart, Weir, MacDonald Ltd. since 2014, a candidate working towards his designation of Canadian Residential Appraiser (CRA) from the Appraisal Institute of Canada. David travels extensively to all the northern communities within NWT and Nunavut for residential appraisals.
Ms. Nicole DeVries, started with the firm in October 2015 , she is currently primarily involved in the preparation of residential appraisals in Whitehorse, Yukon. As a candidate, Nicole is working towards her designation of Accredited Appraiser of the Canadian Institute (AACI). Nicole holds a Bachelor of Business and Administration Degree from the University of Regina.
The firm has a support staff (administration) of three other persons – Pamela Steggles, bookkeeping/editing, Millie Large, office administrator, with Cindy McKay and Marg Hudder, as assistant administrators.