What is Aktus Praxis?

Aktus Praxis is a Canadian-built real estate appraisal platform designed for AACI and CRA designated appraisers. It automates narrative production, investment-grade DCF modelling, Statistics Canada market analysis, and professional DOCX and secure PDF report output — all in one CUSPAP-aligned workflow. Built by Appraisers for Appraisers. Intelligent Action. Reliable Results.

Is Aktus Praxis designed specifically for Canadian appraisers?

Aktus Praxis is built primarily for the Canadian market. It is CUSPAP-aligned, integrates live Statistics Canada data for automated market analysis, and produces reports consistent with Canadian professional standards. It is not adapted from a US product — every feature was designed for Canadian appraisal practice from the ground up. Aktus Praxis also supports other appraisal standards like the RICS Global Valuation Standards - Red Book.

What appraisal standards does Aktus Praxis support?

Aktus Praxis supports four professional appraisal standards: CUSPAP 2026 (Canadian Uniform Standards of Professional Appraisal Practice), USPAP 2024 (Uniform Standards of Professional Appraisal Practice), IVSC 2022 (International Valuation Standards), and the RICS Red Book 2022 (Royal Institution of Chartered Surveyors Global Valuation Standards). Standards are selected per assignment in the job overview. Report language, certification text, and compliance statements adjust automatically based on the selected standard. Multiple standards can be applied to a single assignment for cross-border or international work.

Which Canadian provinces does Aktus Praxis cover?

Aktus Praxis is available to appraisers in all ten Canadian provinces and three territories: British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Yukon, Northwest Territories, and Nunavut. The Statistics Canada integration retrieves national and provincial economic indicators for every province, so market analysis is automatically populated with data specific to the subject property’s region. All data is hosted on AWS infrastructure in the Canada (central) region.

How comprehensive is the Aktus Praxis report structure?

Aktus Praxis covers every section of a complete narrative appraisal report through a structured 26-tab workflow: Letter of Transmittal, Introduction, Scope of Work, Assumptions and Limiting Conditions, Property Identification, Site Description, Building(s), Assessment and Taxes, Market Overview and Analysis, Neighbourhood Data, Sales History and Encumbrances, Lease Details, Land Use Controls, Highest and Best Use, Cost Approach, Income Approach (Direct Capitalization and DCF), Direct Comparison, Land Value, Reconciliation, Photos and Comparable Uploads, Generate Report, and Certification. Every section corresponds directly to a tab in the job editor. Information entered once populates everywhere it is needed across the report.

Does Aktus Praxis support report amendments and recertification?

Yes. If a certified report requires correction, the Amend and Recall function in the Certification tab creates a new certified version while permanently preserving the original. The original is marked as recalled and the corrected version becomes the current certified report. The complete version history — every prior certified version — remains visible on the public verification page at app.aktuspraxis.ca/verify. This creates a court-admissible audit trail of every version of the document from first signature to final delivery.

Which approaches to value does Aktus Praxis support?

Aktus Praxis supports all three approaches to value: the income approach including both direct capitalization and a full discounted cash flow engine, the sales comparison approach with an adjustable comparable grid, and the cost approach with depreciated replacement cost modelling. All three approaches are integrated into a single workflow and generate professional DOCX output.

Does Aktus Praxis support portfolio appraisals and job cloning?

Yes. Aktus Praxis includes a full job cloning feature designed for portfolio assignments — such as cottage associations, industrial parks, or any multi-lot engagement where the same market context, methodology, and appraiser information applies across multiple properties. A single clone copies all shared content to a new draft job: market analysis, neighbourhood data, comparable sales documents, scope-of-work narratives, valuation approach selections, appraiser credentials, StatCan data, and report configuration. Lot-specific details — property address, client information, subject property data, and value conclusions — are cleared so each clone starts clean for that lot. For larger portfolios, the batch clone feature creates up to 10 lot jobs in a single request. Each cloned job is fully independent, receives its own Job ID, and goes through the standard signing and certification workflow. Cloning eliminates the need to re-enter shared market context for every lot in a portfolio assignment.

How sophisticated is the DCF engine in Aktus Praxis?

The Aktus Praxis DCF engine is investment-grade and forensically verified. It handles six distinct tenant improvement structures — cash allowance with separate renewal and new-tenant rates, turnkey build-out, amortized TI with above-market rent strip-down applied correctly in both the DCF and direct cap, rent-free period, rent abatement, and second-generation fit-out — with probability-weighted rollover mechanics that blend renewal and new-tenant costs into a single expected value at each lease event. Lease events are prorated by exact day and aggregated into annual projection periods. Holding periods from 10 to 20 years are supported with correct multi-generation rollover cascades. The sensitivity analysis matrix reconciles to the model's own output to the dollar — it is generated from the same engine, not a parallel approximation, which is the verification point institutional reviewers check first. Leasing commissions are modeled on a first-year rent basis consistent with Canadian institutional DCF practice and Argus Enterprise convention, with full disclosure in the Key Assumptions table for every lease. Operating expenses are fully itemized with inflation escalation, management fee as a percentage of effective gross income, and recoverable versus non-recoverable expense distinctions. CapEx modelling supports both annual recurring reserves and one-off capital events assigned to specific years. The engine calculates NPV and IRR and outputs directly into the DOCX narrative report.

What is the candidate and co-certifier workflow in Aktus Praxis?

Aktus Praxis includes a built-in candidate supervision workflow. A candidate appraiser completes the full appraisal within the platform. The supervising AACI accesses the file through their own organization-scoped account, reviews the complete appraisal, and co-signs the report — all within the same secure cloud platform. Both signatures appear on the Certification page and Letter of Transmittal of the final report, in full CUSPAP compliance.

How does Aktus Praxis handle Statistics Canada market data?

Aktus Praxis integrates directly with the Statistics Canada API. When generating a report, the platform automatically retrieves national and provincial market data and writes it into the market analysis section of the narrative. A section that appraisers typically research and write by hand for every report is populated automatically — saving significant production time on every file.

What does the DOCX output from Aktus Praxis look like?

Aktus Praxis generates a complete, professionally formatted Microsoft Word (DOCX) document including property description, market analysis, highest and best use analysis, all three approaches to value, reconciliation, CUSPAP certification language, photos, formatted data tables, schedules, and appendices. The report is ready to review and deliver to clients and lenders.

Is Aktus Praxis suitable for residential appraisers as well as commercial?

Yes. While Aktus Praxis was designed with commercial appraisal workflows in mind, real property appraisal is one of the most demanding disciplines in real estate — commercial or residential. The platform's narrative production, automated market analysis, and professional report output are valuable across property types. AACI and CRA designates working across both commercial and residential assignments will find the platform applicable to their full practice.

How much does Aktus Praxis cost?

Aktus Praxis is available by subscription in Canadian dollars. A founding user offer is available for a limited time — early adopters receive preferred pricing in exchange for structured feedback during the launch period. To learn about current pricing or to request access, visit app.aktuspraxis.ca/auth/request-access.

How does Aktus Praxis protect my data and client information?

Aktus Praxis is a secure, cloud-hosted platform deployed exclusively on AWS infrastructure in the Canada (Central) region — all data remains on Canadian soil. The platform uses organization-scoped data isolation, meaning your firm's appraisal data is never visible to other organizations. It is PIPEDA-compliant and does not collect analytics, tracking data, or client information for any purpose other than operating the software. Access is controlled through role-based permissions, and all final PDF reports are protected with AES-256 permission restrictions and sealed with a SHA-256 cryptographic integrity hash at the moment of generation.

Does Aktus Praxis support digital signatures and report certification?

Yes. Digital signatures and document certification are now live in Aktus Praxis. Appraisers sign reports directly within the platform — solo or co-signing arrangements in full CUSPAP compliance. Signatures appear on the Certification page and Letter of Transmittal of every final report. Every signed report is automatically sealed with a SHA-256 cryptographic hash at PDF generation, creating a permanent integrity marker. Any recipient — client, lender, reviewer, or regulator — can verify the report has not been altered since certification at https://app.aktuspraxis.ca/verify with no login required. Every prior version of a report is permanently preserved in a complete certification history, providing a court-admissible record of the document's integrity over time.

How is Aktus Praxis different from US appraisal software like Valcre or ARGUS?

Aktus Praxis occupies a position no existing tool holds: full narrative appraisal production, a native investment-grade DCF engine, automated Statistics Canada market data, and CUSPAP compliance auditing — all in a single platform. Valcre, the closest US competitor on report writing, has no native DCF engine and relies on third-party tools for income analysis. ARGUS Enterprise, the institutional DCF standard, produces no narrative report at all — appraisers must export to Word and assemble the report manually. ACI (The Appraiser's Choice), the Canadian incumbent, is built for residential forms and has no commercial narrative capability, no DCF, and no automation. Every meaningful competitor is either US-built and USPAP-first, or Canadian but residentially focused. Aktus Praxis is the only platform built natively for Canadian commercial appraisal practice — CUSPAP-aligned, StatCan-integrated, priced in Canadian dollars, and designed from the ground up by a practicing AACI and MRICS designate. Canadian appraisers deserve Canadian-built tools.

Who built Aktus Praxis and why does that matter?

Aktus Praxis was built by a practicing AACI and MRICS designate — the highest credentialing combination a Canadian commercial appraiser can hold, combined with the RICS global designation. Every workflow, every DCF input, every narrative section, and every compliance requirement was designed by someone who has done this work and understands the gap between what Canadian appraisers need and what has historically existed. This is not a US product adapted for Canada, and it was not built by outside developers guessing at the problem. Built by Appraisers, for Appraisers.

Canadian Real Estate Appraisal

Canadian appraisers
deserve Canadian-built
tools.

Full narrative production. Institutional-grade DCF.
Automated Statistics Canada market analysis.
Professional DOCX output. Certified PDF output. Everything except your judgment — handled.

Start Your Appraisal Watch Video

Platform Overview

See Aktus Praxis in action

Step through the key workflows that make narrative appraisal faster, more consistent, and professionally delivered.

Narrative UI

Enter once.
Populate everywhere.

A guided intake workflow populates your narrative — property description, market analysis, highest and best use, and valuation sections — automatically and consistently.

Guided Intake Auto-Population CUSPAP-Aligned

DCF Engine — Forensically Verified

Institutional-grade
income analysis.

Six TI structures. Probability-weighted renewal and new-tenant variants. Exact-day lease proration across 15-year rollover cascades. Sensitivity reconciles to model output to the dollar. Commission basis consistent with Canadian institutional practice and Argus Enterprise convention. Every assumption traceable, every capital event auditable.

6 TI Structures Forensically Verified 20-Year Horizon

StatCan Integration

Market data,
written automatically.

Live Statistics Canada data feeds directly into your market analysis section. Vacancy trends, absorption rates, and economic context — sourced, cited, and written for you.

Live Data Auto-Written Cited Sources

Customizable Report Output

Complete report.
Professional delivery.

Export a fully formatted Word Document or Certified PDF — photos, tables, schedules, certification, and appendices included. Ready to submit, the moment you click download.

Photos & Tables Certification Page Full Appendix

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Promotional Video Aktus Praxis — Introduction

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Core Platform

Built for the way
appraisers actually work.

Every feature designed around CUSPAP standards and Canadian market realities — not adapted from a US product.

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Narrative UI

Guided intake that populates the narrative in a streamlined workflow. No copy-paste. No reformatting. Enter once, done everywhere.

📊

DCF Engine — Institutional Grade

Verified across 15-year multi-generation rollover cascades. Six TI structures — cash allowance, turnkey, amortized, rent-free, abatement, and second-generation fit-out — with probability-weighted renewal and new-tenant variants. Sensitivity reconciles to model output to the dollar. Commission basis consistent with Canadian institutional practice and Argus Enterprise convention. Every assumption stated, every capital event traceable. Built in, not bolted on.

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StatCan Data

Live Statistics Canada integration. Market analysis — vacancy trends, absorption, economic context — written automatically with proper citations.

📄

Customizable DOCX Output

A complete, professional Word document — photos, data tables, schedules, certification page, and appendices — ready to deliver the moment you export.

✍️

Digital Signatures & Certification

Appraisers sign reports directly within the platform — solo or co-signing arrangements, fully CUSPAP-compliant. Every signed report is sealed with a SHA-256 cryptographic hash at PDF generation. Recipients verify document integrity instantly at app.aktuspraxis.ca/verify — no login required. Every prior version is permanently preserved in a complete certification history — a court-admissible record of your report's integrity, from first signature to final delivery.

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Mobile-First Inspection

Aktus Praxis runs on any mobile device. During inspection, capture photos directly from your phone or tablet and attach them to the report — no transfer, no sync, no extra steps.

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Canadian Data Residency

All data is hosted exclusively on AWS infrastructure in the Canada (central) region. Your appraisal files, client information, and report data never leave Canadian soil — fully PIPEDA-compliant and meeting institutional lender data residency requirements.

Built by Appraisers for Appraisers

The platform that handles
everything except your judgment.

From desktop to job site — Aktus Praxis works on any device. Capture photos directly during inspection and complete your report in the same platform, start to finish.

20yr

DCF Horizon

100%

Canadian Data Sources

SHA‑256

Report Certification

Approaches to Value — Unified

TI Structures — Verified

Workflow

From property to
delivered report.

A clear, logical sequence that mirrors how appraisers think — not how software developers imagine they do.

Enter property details

Input the subject property through a structured, guided form. Addresses, zoning, physical attributes, tenancy — all captured once.

Review auto-generated market analysis

Aktus Praxis pulls live StatCan data and writes your market context section automatically. Review, adjust, and approve.

Run your valuation

Apply direct capitalization, DCF, or sales comparison. All approaches are supported. The engine handles the calculations and provides editable narratives.

Sign & certify

Sign the report directly within the platform — solo or co-signing. Aktus Praxis seals it with a SHA-256 cryptographic hash at the moment of PDF generation, creating a permanent, verifiable integrity marker.

Export and deliver

Download your complete, certified PDF report — formatted and complete to the appendix. Share it with the verification link so your client, lender, or reviewer can confirm it hasn't been altered.

Value Calculator

See what Aktus Praxis
is worth to your practice.

Adjust the sliders to match your practice. See your time and value recovered in real time.

Your Practice - Adjust Sliders to See Savings

Reports completed per month 5

250

Your effective hourly rate $200 / hr

$100$500

Hours spent on admin per report today 4 hrs

2 hrs16 hrs

Number of appraisers in firm 5

225

Assumes Aktus Praxis saves approximately 50% of current report production time. Your actual savings may vary.

Your Recovery

Hours recovered per month

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Time freed from admin, formatting & data gathering

Additional reports possible per month

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Based on time recovered at your current pace

Value of time recovered per month

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At your effective hourly rate

⚡ Annual value recovered

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Time and value returned to your practice each year

These figures reflect time savings only. They do not capture the value of reduced errors — fewer omissions, inconsistencies, and formatting issues across every report. In a profession where a single E&O claim, a regulatory complaint, or a damaged client relationship can far exceed a year of subscription costs, consistent, standards-aligned output is its own form of risk management.

"The sensitivity table reconciles to the model's own output to the dollar. That's the verification point institutional reviewers check first — and it holds."

Verified · Institutional Grade · Built by Appraisers, for Appraisers

Canadian appraisersdeserve Canadian-builttools.

See Aktus Praxis in action

Enter once.Populate everywhere.

Institutional-gradeincome analysis.

Market data,written automatically.

Complete report.Professional delivery.

Built for the wayappraisers actually work.

The platform that handleseverything except your judgment.

From property todelivered report.

See what Aktus Praxisis worth to your practice.

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