Remove Best Value Remove Buyers Remove Legal Remove Valuation
article thumbnail

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

The Robert Weiler Company

The goal of a real estate valuation is to pinpoint the price and value of a property. 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.

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. On the real estate buyer side, our goal is to assist with the buyer’s vision.

Appraisal 158