Commercial Appraisals
When it comes to commercial real estate, an expert assessment is critical.
In addition to decades of experience, our team of experts hold some the industry’s highest certifications and professional designations.
Our services include:
Real Estate Valuation
Real Estate Consulting
Real Estate Litigation
FAQs
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There are three primary methods used to value real estate: the Sales Comparison Approach, the Income Approach, and the Cost Approach. Each method provides a different perspective on the property's value and is typically used depending on the type of property and available data.
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There are a multitude of key factors influencing a property value including location, property size, physical condition, age, local, regional, and national economic conditions, supply and demand, property features, consumer sentiment, legal requirements, infrastructure, and environmental features to name a few.
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The income approach is one of the three primary methodologies used to value real estate. For rental properties, the amount of rental income generated directly affects its value. Higher rental income from stable, long-term leases generally increases the property's value. Favorable lease terms, such as escalations in rent over time or triple net leases where tenants pay expenses, can also enhance income potential and value.
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Current trends affecting properties include supply and demand dynamics, mortgage rates, remote work and migration patterns, urban revitalization and mixed-use developments, sustainability and green building, affordable housing challenge, technology integration, economic uncertainty and policy changes, and rental market dynamics.