Real Estate Development

  • We provide comprehensive oversight throughout the entire development lifecycle, ensuring your project is delivered efficiently, strategically, and with maximum value.

    Our services include:

    • Site identification and feasibility studies

    • Project planning and design coordination

    • Budgeting and financial oversight

    • Municipal approvals and permitting

    • Consultant and stakeholder coordination

    • Construction and project management

    • Occupancy and asset turnover

    • Redevelopment and land-use conversion strategies

  • Targeted consulting services tailored to your project needs. Our team can assist with:

    • Site Identification

    • Feasibility Studies & Due Diligence

    • OCP Amendments & Rezoning

    • Development Permits & Municipal Approvals

    • Development Planning & Design

    • Financing Applications

    • Construction & Project Management

    • Occupancy & Asset Management

  • Our team specializes in helping homeowners tap into the unused potential of your real estate to maximize value. Reach out for more information on how we can assist with:

    • Strategic Renovations

    • Secondary Suites

    • Garden Suites

    • Carriage Houses

    • Small Scale Multi Unit Housing (SSMUH)

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Real Estate Valuation

  • We deliver comprehensive, CUSPAP-compliant narrative appraisal reports prepared by AACI, P.App designated appraisers with specialized knowledge of the Vancouver Island market.

    Our narrative appraisals include:

    • Coverage of commercial, multi-family, industrial, development land, and special-use properties

    • Detailed market analysis and comparable review

    • Highest and best use assessment

    • Application of recognized valuation methodologies

    • Clear and well-supported value conclusions

    • Reports suitable for financing, acquisition, disposition, litigation, and development planning

  • We provide standardized, CUSPAP-compliant form appraisal reports for a variety of residential property types, offering efficient and reliable valuation solutions for a range of client needs.

    Our form appraisals include:

    • Coverage of single-family dwellings, townhouses, condos, duplexes, and vacant land

    • Compliance with Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP)

    • Concise value estimates supported by market data and comparable sales

    • Insights tailored to specific locations and property characteristics

    • Suitable for financing, estate settlement, purchase decisions, and asset reviews

  • We provide CUSPAP-compliant insurance appraisals that deliver accurate replacement cost estimates for a range of property types, supporting informed decision-making for policyholders and insurers.

    Our insurance appraisals include:

    • Valuations for residential, commercial, multi-family, and industrial properties

    • Replacement cost estimates for insurable structures and improvements

    • Detailed cost analysis using up-to-date construction data

    • Consideration of property-specific attributes and regional market conditions

    • Suitable for new insurance policies, renewals, and risk management

    • Reports aligned with industry standards and best practices

  • We provide CUSPAP-compliant market rent appraisals for all property types, offering objective, data-driven rental rate estimates backed by expert analysis and local market insight.

    Our market rent appraisals include:

    • Estimates of current market rental rates for all property types

    • Analysis of comparable leases and prevailing market trends

    • Consideration of property condition, location, and use

    • Prepared by AACI, P.App designated appraisers with local expertise

    • Tailored for lease negotiations, rent reviews, and financial reporting

    • Suitable for litigation support and internal decision-making

  • Our Pro-Forma Reporting services provide customized financial projections to support strategic decision-making for development, investment, and acquisition planning.

    Our pro-forma reports include:

    • Detailed modeling of projected revenues, expenses, and cash flows

    • Analysis of financing structures and return metrics

    • Feasibility assessments for proposed developments

    • Scenario comparisons for tenant changes or investment options

    • Risk identification and strategy optimization

    • Support for developers, investors, lenders, and asset managers in capital planning

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A winding road through green rolling hills at sunset.

Our Path: Where We’ve Been & Where We’re Going

Opportunity does not just appear, it’s uncovered, shaped, and developed. It lives in the space between dream and reality, potential and progress, ambition and execution. At REVD Consulting, we exist to bridge those gaps. We are builders of real estate value, transforming potential into results.

Fuelled by over a decade of hands-on experience in real estate valuation and development (REVD), we help property owners and investors across Vancouver Island navigate the critical path from vision to value. Whether you’re planning a new development, repositioning an asset, or unlocking hidden value in your real estate, we bring clarity to the process and momentum to your mission.

Our approach is equal parts innovative and pragmatic. We provide more than recommendations, we create actionable roadmaps, we ensure the right people are involved at the right time, and we stay by your side through challenges and triumphs. We are not just advisors. We are partners in your progress.

At REVD, trust is our foundation. Our clients count on us not just for our expertise, but for our integrity, transparency, and follow-through. We're proud to be rooted in the communities we serve across Vancouver Island, and we measure our success by the lasting value we help create within them.

Every property, every client, every goal is different. We listen closely, think strategically, and deliver tailored real estate solutions that align with your unique vision and the community around it.

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Meet the Team

Jay K. Teare, AACI, P.App
Owner / Founder

REVD Consulting is a newly established passion project initiated by our founder, Jay. A seasoned real estate professional with nearly a decade of experience in both the private and public sectors, Jay brings a wealth of knowledge to the table.

Residing in Sidney, British Columbia, Jay is a proud husband and father. He is deeply appreciative of the unwavering support of his family, without whom REVD would not exist.

He is a gifted strategist, adept at navigating the intricacies of real estate from planning to implementation. His comprehensive understanding of residential and commercial real estate on Vancouver Island, coupled with a broad network of industry professionals, gets results.

Jay’s professional background includes roles with the Province of British Columbia, Cunningham & Rivard Appraisals, and BC Assessment. Trained through a Bachelor of Commerce and a Post Graduate Certificate in Real Property Valuation, he also holds an AACI P.App designation through the Appraisal Institute of Canada. He is also currently pursuing a Diploma in Urban Land Economics (DULE) through the University of British Columbia.

Recognized for his collaborative spirit, analytical precision, and commitment to integrity, Jay is thrilled for this new chapter of his professional journey.

“I reflect on the lands and waters around Sidney, British Columbia—home to the W̱SÁNEĆ (Semiahmoo, Á,LEṈENEȻ ȽTE) and Coast Salish peoples, and the traditional territories of the Cayuse, Umatilla, and Walla Walla nations. As someone with both Métis and settler ancestry, I commit to learning the layered histories of this place. I will honor these connections by protecting and celebrating these spaces, ensuring they thrive for generations to come. This is my ongoing promise: to listen, to care, and to act with reciprocity."

Let’s Connect.

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