Remove Article Remove Best Value Remove Renovations Remove Valuation
article thumbnail

Commercial Real Estate Niches Booming in 2021

McKissock

Before you dive into this real estate niche, take the time to learn how valuation works in the self-storage market. Here are some factors to consider when it comes to self-storage opportunities in real estate: NOI (net operating income): You can find this value by subtracting your operating costs from your total income.

article thumbnail

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

The Robert Weiler Company

The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. The goal of a real estate valuation is to pinpoint the price and value of a property. In addition, there are four main methods for calculating a commercial real estate valuation.

article thumbnail

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

The Robert Weiler Company

And if there’s a bottom of the 9 th inning push to classify the building as “historic,” renovations and demolition may be additionally hampered, making the building less attractive to future buyers. Repeatedly with unique properties for sale, the best defense is a good offense. Thinking Outside of the Building: What to Do Next.

Appraisal 158