Older buildings, while exuding charm and historical significance, can also harbour hidden dangers that pose serious health risks. Two of the most prevalent issues in such structures are mold and asbestos. Understanding how to detect, evaluate, and remediate these hazards is crucial, especially for stakeholders in the real estate and property management sectors, involved in…
Estate planning is a crucial process that involves preparing tasks that serve to manage an individual's asset base in the event of their incapacitation or death. The planning includes the distribution of assets to heirs and the settlement of estate taxes. Most people disregard estate planning, not realizing its significance, but it's essential for ensuring…
In the dynamic world of commercial real estate in Alberta, understanding the nuances of property appraisal is crucial. Whether you're dealing with Alberta appraisers, exploring commercial real estate in Lethbridge, Calgary appraisals or seeking farm appraisers near you, the landscape is vast and varied. This blog post covers the pressing questions surrounding commercial appraisals in…
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…
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…
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…