In today's high-stakes world of commercial real estate, a thorough understanding of the value of your property is critical. That’s where the commercial appraiser steps in. This professional is tasked with providing an unbiased and well-informed assessment of your property's worth, ensuring you have the crucial data you need to make informed decisions. What is…
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…
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,…
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…
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?…
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…
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…
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.…
Home inspections and real estate appraisals are commonly confused. They offer some similar attributes but at their core, they are valuable for different reasons. The main similarity between the two is that an inspection and an appraisal both are unbiased evaluations for a property. Appraisals Appraisals ensure that the owner and buyer are…
Gorgeous skies, extreme agriculture, friendly people and diverse cities have made Alberta a popular place to call home. There is a lot more happening in Alberta besides oil and gas. If it is time to find your commercial real estate venture, Property DNA Group can help you discover your prime location. Maybe you are…