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Minneapolis/St. Paul – 2019-2020 Commercial Real Estate Value Trends

Simonson Real Estate

Paul Commercial Real Estate Valuation and Appraisal Forecast Summit held at the Golden Valley Country Club on Friday, January 17, 2020. Topics centered on valuation trends for the retail, industrial, office and multi-family property sectors. This article shares the best insights and trends from 2019 and expectations into 2020.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Always include your contact information and a call to action, such as an offer for a free home valuation. In this complimentary meeting, we’ll go through your property, and I’ll give you my expert recommendations on repairs to make, renovations that’ll provide the best return, and, of course, a current market valuation of your property.

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How should appraisers approach short-term rentals?

DataMaster

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. As of 2019, the city has only 351 short-term rental properties.”

Appraisal 148
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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants. The post Navigating the Appraisal Process – What You Need to Know appeared first on Simonson Real Estate Blog.

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DOLLAR STORES MARKET TRENDS

Simonson Real Estate

In the world of single-tenant commercial real estate one property type sub-group has stood out: Dollar Stores. Over the past few years, Simonson Appraisals has provided valuations for many dollar store properties across Minnesota and North Dakota — primarily Dollar General. Dollar General Tenant Overview.

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MINNEAPOLIS MULTI-FAMILY TRENDS – IMPACTS OF 2020

Simonson Real Estate

from 2019 to 3 rd Quarter 2020, including new properties still in the lease-up phase. annually from 2016 to 2019 slowed to a positive 1.2% Minnesota enacted an eviction moratorium, restricting landlords from evicting delinquent tenants. In addition to vacancy, they stated new tenant inquiries have significantly slowed.

Landlords 117
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How should appraisers approach short-term rentals?

DataMaster

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. As of 2019, the city has only 351 short-term rental properties.”