Environmental site assessments are not only important but can be a critical action to take in some situations. However, as there are several phases to the assessment process, it can be helpful to break down the differences between Phase 1 and Phase 2 Environmental Site Assessments to understand the purpose and work done in each.…
Getting renovations done can make a huge difference in the feel and impression of your commercial location, but there’s an additional piece you should consider before you start tearing down walls. Namely, it’s getting a property condition assessment beforehand. Getting a property condition assessment (also known as a building condition assessment) might not seem that…
Because every commercial property is different, there are more nuances than you might expect to sell each one. Like residential homes, commercial real estate property also has features that can add or detract to the value of a unit or location. As a result, understanding when you need a commercial real estate appraisal can be…
No matter what reasons you’ve decided to sell your farm for, there are some crucial aspects of the selling process you should be aware of. For instance, it can be immensely helpful to understand what is a farm real estate appraisal process like, what documents you need to prepare, and so on. Below we detail…
Are you moving your business to a new location? Then getting a commercial real estate appraisal done before you sell is definitely worth your time. Firstly though, it’s important to understand what a commercial real estate appraisal is, how to review a commercial appraisal, and how you can improve the value of your commercial real…
Although your business might have the greater worth, the value of the equipment used in it every day also plays into its value—sometimes significantly so. For this, and many other reasons, it can be incredibly useful to get a valuation of the machinery and equipment you use. Below, we break down these reasons and what…
Farms take a lot of work to not only maintain, but stay profitable, but there are several simple ways you can improve the value of your farm. That way, when it comes time to sell, all your hard work will be worth it. If you wanted to find out the current value of your farm,…
Appraising the value of something may seem straightforward at first glance, but the truth is that there’s a lot of work behind it. This is especially true for more nuanced items like property or commercial equipment where many factors can both add or subtract value depending on multiple variables. For instance, to find out how…
When it comes to having an appraisal done for a property, there are a few key differences between getting a home appraisal or a commercial appraisal. Before any appraisal is done, it is important to understand the differences between the two types of properties. 'Home' or ‘residential’ means that there will be people always dwelling…
If you’re a business owner who owns the location they’re based out of, there are a multitude of things to know that can affect the growth of your company. One of these important aspects is the value of your location as a whole. Every commercial property is unique in terms of supply, demand, size, location,…