The “Science” Behind Residential vs. Commercial Real Estate Appraisal
Appraisal Hub
FEBRUARY 15, 2024
Commercial Appraisals, on the other hand, delve into properties used for business purposes, including office buildings, retail shops, industrial sites, farm, and apartment complexes with five or more units. Comparative Market Analysis (CMA): For residential properties, appraisers look at recent sales of similar homes in the area.
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