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. Commercial appraisals, however, may also include an income approach, evaluating the property’s ability to generate income.
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