The Income Capitalization Approach to Value
The Income Capitalization Approach to Value, or Income Approach, is likely the method most widely employed by commercial real estate appraisers when valuing income-producing properties. Most buyers who purchase apartments, retail stores or industrial spaces are interested in the ability...
The Definition of Market Value and Its Impact on the Appraisal Process
In order to ensure that different commercial real estate appraisers are applying the same logic and reasoning to valuation assignments, it’s important that they all operate under the understanding that “Market Value” has a universal definition. While Appraisers have different...
Five Characteristics of an Outstanding Appraisal Firm
A truly outstanding commercial appraisal firm can be hard to find. It’s not that there are few outstanding firms, but more due to the fact that the needs of users of commercial appraisal reports vary from project to project. It’s...
The Sales Comparison Approach to Value
There are three main approaches to value employed by commercial real estate appraisers when conducting a real estate appraisal; the Sales Comparison Approach, The Cost Approach and The Income Approach to Value. The Sales Comparison Approach to Value, or Market...
How to Prepare for a Commercial Real Estate Appraisal
Once a commercial appraisal report has been ordered, you should begin preparing for the commercial appraisal process. As the owner of the commercial property that is the subject of this appraisal, the commercial appraiser will contact you to request...
The Commercial Appraisal Cost Guide
You’ve decided to order a commercial appraisal report. That’s great! Because a commercial appraisal report is an indispensable tool when it comes to understanding the value of your commercial property. You’re ready to select the best commercial real estate appraiser...
Commercial Appraisal: 6 Things Property Owners Should Know
You’ve been asked by your lender, lawyer, accountant or business partner to obtain a commercial real estate appraisal for your commercial property. Once an appraiser is engaged to conduct a commercial appraisal, what do you need to know as a...
Appraisal Reports: Everything You Need to Know
If you’re a property owner, determining the accurate value of your properties is crucial for making the smartest financial decisions and planning for your future. An appraisal report can help you understand the value of your commercial and residential properties....
