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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

I normally don’t post more than one article per week. This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. This article was written by Leslie Fields, the Executive Director, Owner’s Counsel of America.

Appraisal 309
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Why Appraisers Don’t Depreciate Land

Cleveland Appraisal Blog

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. Hopefully, you found this article to be interesting. Depreciation!

Appraisal 279
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Selling Commercial Real Estate? 24 Practical Techniques to BOOST YOUR ROI on 5 Different Property Types

The Robert Weiler Company

The ROI is calculated by comparing the total cost of the investment (including the initial purchase price plus any other expenses) to its current value or sale price. Though, keep in mind that commercial real estate doesn’t always sell at market value. But you can estimate your ROI based on comparable property sales.

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Eleven Types of Risk in Commercial Real Estate

Property Metrics

In this article, we’ll look at eleven types of risk in commercial real estate investment. . Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. So, planning for 2% inflation each year would be a reasonable estimate in this market. Credit/Default Risk.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The short answer: A commercial real estate appraisal is a calculated assessment of value for any type of commercial property. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed.

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Three Types of Commercial Real Estate Obsolescence

Property Metrics

One of the unique challenges of commercial real estate investment is that markets, types of property , return expectations, and physical environments are in a constant state of change. Modern tenants require high speed internet connections, strong cellular reception, advanced security features, and modern audio/video capabilities.

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Commercial Real Estate Niches Booming in 2021

McKissock

Cap rates: To find this, you divide the NOI by the current market value. Location and demographics: Your value will go up if you’re in a high-traffic area with good visibility. These spaces also offer a sense of community, as they frequently feature luxury amenities such as caffeinated beverages and snacks for the tenants. .