Remove Best Value Remove Buyers Remove Legal Remove Market Value
article thumbnail

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

The Robert Weiler Company

Now consider the buyer of a residential property, typically an individual looking for a place to call home. The most critical factors for commercial property investors are not the same as the typical home buyer. Explanation of potential risks you may face or negative aspects that may impact the market value of the commercial property.

article thumbnail

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

The Robert Weiler Company

Legally speaking, a special purpose property definition can be illustrated as any property that has limited use or marketability in addition to features intended for singular use. If you have a specialty property for sale, you need a specialty property buyer. What Is It Anyway? A Special Purpose Property Definition.

Appraisal 158