When it comes to commercial appraisals in Alberta, due diligence is a critical step that cannot be overlooked. Understanding the details is important when appraising land, commercial real estate in Western Canada, or any other property. Property DNA Group, a leader in commercial appraisals, provides expert insights and essential tips for due diligence. What is…
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…
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…
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…
When it comes to business, any information that could provide more info about the state of a location can be immensely valuable. A reserve fund study (or depreciation report in BC) can do just that. These studies or reports provide condo or strata owners with insight into the property itself. However time can be important…
Although residential real estate can be a sizeable investment, commercial real estate can be even more so. If you’re wondering, “When do you need a commercial real estate appraisal?” the time to do so would be before you purchase a piece of property, or after making improvements to your investment. Finding ways to maximize the value of your property investment can…
Congratulations! Your business has expanded to the point where you need to move to a new location. This comes with its own challenges, however. For example, you might be wondering how to get an appraisal on commercial property you currently own to sell it for more. How do you effectively move into a new space for your company? What about choosing…