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,…
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…
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…
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?…
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…
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…
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…
Understanding what your business is worth is always immensely helpful info, but one piece that’s often overlooked is your equipment itself. To get the best possible picture of what it’s worth, you need to get a professional equipment appraisal. But how do you gather information for an equipment appraisal, and what do you need to…