Commercial Real Estate Appraisal

Read more on Rising Deductibles and Insurance Premiums Threatens Condo Resale Values
TagsAppraisals & Inspections, Commercial Real Estate Appraisal, News, Real Estate Appraisals

Rising Deductibles and Insurance Premiums Threatens Condo Resale Values

Now is not the best time to own a condo. Due to the rising number of natural disasters and reconstruction costs, some insurers are backing out of the condominium market. As such, insurance premiums for condo buildings are rapidly spiralling upward in Canada. Unfortunately, this isn’t the only component that’s challenging the wallets of condo…

Read more on Commercial Appraisal VS Residential Appraisal
TagsAppraisals & Inspections, Commercial Real Estate Appraisal

Commercial Appraisal VS Residential Appraisal

When it comes to getting an appraisal for your property, there are actually more differences than you would think between residential and commercial.  The main differences include:  Length of the appraisal report  The appraisal cost  The time it takes to complete the appraisal  To start, it is helpful to understand the meaning behind 'residential' and 'commercial' properties.…