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…
The Key Differences Between a Commercial Appraisal and Home Appraisal
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…
5 Things That Are Helpful to Know About Commercial Real Estate Appraisals
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,…
How to Maintain and Improve Value of Your Equipment
Your commercial and industrial vehicles and equipment won’t last forever. That’s why taking care of them and maintaining them is crucial. Not only will this improve their performance as a vehicle, but it will also improve their value as they’ll be in better condition for longer. Plus, when you’re learning how to gather information…
What You Need to Know About The Value of Your Equipment
Unlike other types of vehicles, farming and industrial vehicles can typically only be used for specific functions and also tend to depreciate faster since they’re often used daily. As such, it’s immensely helpful to know the value of what farming, industrial vehicles you have and how to get an appraisal for commercial vehicles so you…
How Farmland Appraisals Differ From Commercial Ones
Whether you’re trying to buy land to start your own farm, or are just curious how much your existing farm is worth, you may be curious about how the appraisal process differs (if at all) from commercial appraisals. We detail what the farm real estate process is and the main noteworthy differences it has compared…
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…
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?…
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…
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…