Remove Article Remove Best Value Remove Buyers Remove Market Value
article thumbnail

Commercial Real Estate Niches Booming in 2021

McKissock

Cap rates: To find this, you divide the NOI by the current market value. The figure helps you understand what the buyer will pay and what the seller will accept. Location and demographics: Your value will go up if you’re in a high-traffic area with good visibility. These can help you see your growth over time.

article thumbnail

The “Science” Behind Residential vs. Commercial Real Estate Appraisal

The Robert Weiler Company

The question is, how exactly is property value determined? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Now consider the buyer of a residential property, typically an individual looking for a place to call home.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

If you have a specialty property for sale, you need a specialty property buyer. For our sellers, our most common challenge is assessing a building’s value in the absence of comparable structures and data. On the real estate buyer side, our goal is to assist with the buyer’s vision.

Appraisal 158
article thumbnail

2024 USPAP For Appraisers

Appraisal Today

Next month’s newsletter will have a lengthy article on the issues of the property inspector. I wonder how well the GSE AI works on rural appraisals, “one of a kind” properties, no permits, Highest and Best Use issues, and many more. Current market conditions: How to switch from all residential to both residential and commercial.