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Commercial building in process of getting commercial property appraisal

A Beginner’s Guide to Commercial Property Appraisals

As a business property owner, considering certain factors that can affect said property’s value before you buy or sell is always important. Naturally, this includes condominiums, apartments, industrial, office, retail, land, hotels/motels, car washes, restaurants and special purpose facilities such as concrete plants, gravel pits, greenhouses, etc. However, commercial real estate buyers and sellers have…
Commercial real estate appraiser being performed by appraiser

Common Commercial Real Estate Appraisal Myths Busted

  When you buy something, you always know what you pay, but you don’t always know what the item is actually worth. This is especially helpful to know when it comes to your property, especially if it’s a piece of commercial property through an appraisal. But when do you need a commercial real estate appraisal?…
Appraiser appraising farm real estate

Main Factors That Influence the Farm Real Estate Appraisal Process

If you own a farm, it’s immensely valuable to know how all your hard work has increased the value of your farm. Naturally, getting an appraisal will help you to find that out. You may be curious what a farm real estate appraisal process looks like, so we’ve broken it down below so you’re ready…
Appraiser completing commercial property appraisal in factory

5 Things You Should Know About Commercial Appraisals

There are often many reasons why it’s valuable for business owners to get a commercial appraisal, but there are some important things to know before going through the process. One of the big ones? How long it takes to get a commercial appraisal. We break down the answer to that and offer 4 other pieces…
Inspecting soil for phase 1 environmental site assessment

Why Does the Bank Need an Environmental Site Assessment?

Although it would be amazing to be able to build anywhere, the reality is simply not the case. There are places either contaminated or unstable that aren’t suitable for structures. Accordingly, the bank has put systems in place to evaluate whether locations are suitable for construction or not known as environmental site assessments and also…
Exterior of condo complex

Everything You Need to Know About Reserve Fund Studies

When it comes to business, any information that could provide more info about the state of a location can be immensely valuable. A reserve fund study (or depreciation report in BC) can do just that. These studies or reports provide condo or strata owners with insight into the property itself. However time can be important…
Reviewing commercial real estate plans

A Beginner’s Guide to Commercial Property Appraisal

Within every property appraisal, there’s a healthy dose of nuance and understanding. Three main approaches help produce a complete picture, but on their own, each has its limitations. Every approach can also take varying amounts of time to complete so answering “How long does it take to get a commercial appraisal?” isn’t always a simple number.   Typically, a commercial property appraisal…
Colourful semi trucks about to be appraised

Top Tips to Keep In Mind Before Replacing Your Commercial Trucks  

Most heavy equipment isn’t overly affordable when you purchase it, so it makes complete sense when you’re selling to look for opportunities to make the most money back. However, selling your fleet isn’t as simple as putting out an online classified ad. You need to consider the current state of your equipment and research the best way…

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