Our Staff

Wallace Appraisal Services Ltd. is an independent fee appraisal service.The company is based in Calgary, Alberta, Canada and has been active since May 1993. It is privately owned and is not affiliated with outside companies or financial institutions. We complete property appraisals for a wide range of customers and also provide other services such as progress inspections, consulting, court testimony or other studies related to real estate.

We have a full-time appraisal staff of four. All of our staff are members of the Appraisal Institute of Canada carry professional practice insurance, and are licensed with the Real Estate Council of Alberta.

James F. (Jim) Wallace

AACI, P.App

Jim has been appraising real estate since 1978, beginning as an in-house appraiser and mortgage officer for a major trust company. Prior to starting Wallace Appraisal Services in 1993, he was employed with a local appraisal firm for 13 years. He has a wide range of experience valuing all forms of residential property and has also appraised a variety of commercial and industrial properties and vacant land. Consulting work has involved appraisal and real estate arbitrations, and and as an expert witness in court. Current work is primarily the appraisal of high-end residential properties and assignments involving legal matters. Jim oversees candidate’s work and handles office administration and IT issues. He has served on the Professional Development Committee for the National Office of the Appraisal Institute of Canada, is a past member of the executive of the Calgary Chapter of the Appraisal Institute, and has taught appraisal courses for the Faculty of Continuing Education at the University of Calgary.

Jean Marc (J.M.) Raymond

CRA, P.App

J.M. has twenty-six years of residential appraising experience in Calgary and surrounding areas and has been with Wallace Appraisal Services for 20 years.  He has appraised residential property in all parts of Calgary and most surrounding areas within 100 km. More recently his work has focussed on the communities in south Calgary, towns including Okotoks, High River, Black Diamond, Turner Valley, Dewinton, and the rural regions of Foothills and Rocky View. Prior to work in the appraisal field, J.M. gained ten years experience with financial institutions, eight of these in mortgage lending. J.M. lives in the southwest Calgary area of Canyon Meadows with his wife Terry and two children, Zach and Ty, and has two grown children (Brianne and Josh) that have left the nest.

Simon Cormier

CRA

Simon holds a Bachelor of Arts degree with a focus in geography and obtained a post degree diploma specializing in geographic information systems (GIS).  He first became a candidate member of the Appraisal Institute of Canada in 2007 and completed the required courses and experience requirements which enabled him to receive his CRA designation. Simon has been with Wallace Appraisal Services since 2009 and currently completes appraisals all types of residential properties in Calgary and surrounding regions. Simon and the family live in the southeast community of Chapparal Valley.

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