Appraising the value of something may seem straightforward at first glance, but the truth is that there’s a lot of work behind it. This is especially true for more nuanced items like property or commercial equipment where many factors can both add or subtract value depending on multiple variables. For instance, to find out how…
When it comes to having an appraisal done for a property, there are a few key differences between getting a home appraisal or a commercial appraisal. Before any appraisal is done, it is important to understand the differences between the two types of properties. 'Home' or ‘residential’ means that there will be people always dwelling…
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…