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…
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…
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…
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…
With the rise of boutique hotels and increasing property value with upgrades to your hotel, it is no wonder that commercial real estate appraisals are a huge part of buying or selling. Have you recently created a pool and spa getaway to mitigate the summer heat and boost bookings? Perhaps, you have added extended shower…
We’ve all heard it before….”Location, location, location!” Your commercial business potential can often exceed expectations with the right real estate. Having a safe, accessible and visible place for your clients to find you is priceless. Not having to ask your clients to park a mile away is another added bonus. Of course, some businesses…
Watching our clients follow their dreams and define new opportunities is an exciting part of our career. Our qualified and experienced real estate appraisers know how vital it is to deliver all of the pertinent facts regarding your commercial property appraisal. Pouring all of your hopes and future prospects into a new business is…